Nifty is now trading very close to a support level of 5,150. It is very important for it to sustain above this level. However a failure to hold this support may result in further correction till 5,085 and lower over next few sessions. On the higher side Nifty has now a severe resistance placed in the band of 5,250 to 5,280.
Ultratech Cement with a price target of Rs 1,290 as against the current market price (CMP) of Rs 1,437.
Hold Tata Consultancy Services (TCS) with a price target of Rs 1,150 as against the current market price (CMP) of Rs 1,068.
Hold Rallis India with a price target of Rs 120 as against the current market price (CMP) of Rs 129.
Buy Mahindra & Mahindra Financial Services with a price target of Rs 781 as against the current market price (CMP) of Rs 670.
Ultratech Cement with a price target of Rs 1,290 as against the current market price (CMP) of Rs 1,437.
Hold Tata Consultancy Services (TCS) with a price target of Rs 1,150 as against the current market price (CMP) of Rs 1,068.
Hold Rallis India with a price target of Rs 120 as against the current market price (CMP) of Rs 129.
Buy Mahindra & Mahindra Financial Services with a price target of Rs 781 as against the current market price (CMP) of Rs 670.
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