We recommend a buy on ICICI Bank and SBI for the session.
The near-term outlook is bullish for L&T, Reliance Capital and Reliance Communications. We recommend a buy on these counters.
We recommend a buy in RIL with tight stop-loss at Rs 1,554.
We recommend a buy on Nifty Futures as long as it trades above 3,039 level, with tight stop.
|Company||LTP (Rs)||Support 1||Support 2||Resistance 1||Resistance 2|
*Last Traded Price
The analysis and opinion expressed in these columns are based on the technical analysis of the past price behaviour. The stop-loss level provided with the recommendation is important. The original view would stand negated if the stop-loss level is breached. There is a risk of loss in trading
In a buy recommendation, the supports would be the targets and the nearest resistance would be the stop loss; The recommendations would be valid for todays trading only. LTP - Last traded price.