Business
The short-term target is 11700 whereas the support is pegged at 11450
Updated : Sep 25, 2019, 05:15 AM IST
Bull market today as the index has provided a breakout from the falling channel on the hourly charts. The short-term target is 11700 whereas the support is pegged at 11450.
Reliance Industries, Hindustan Unilever, Piramal Enterprises, Concor, Voltas, Marico, GAIL on the buy side while Infratel, Torrent Pharma on the sell side.
Oil & gas, consumption, banking on the buy side and pharma and IT on the sell side.
Nifty has shifted its base from 10650 to 11100, which is now the medium-term support, whereas the medium term target is 12150.
Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers