 "Sell stocks")
Nifty Technical View
By plunging more than more than 2 per cent yesterday, Nifty violated the crucial support of 10,875 on closing basis, and closed far below that at 10,797. Nifty has resumed its primary down trend after one sharp pullback from 10,637 to 11,142. The index could witness further selling from current levels towards the next support of 10,350-10,400. Earlier support of 11,875 would now interchange its role as a Resistance.
Stock recommendation:
Stock recommendation:
SELL AXIS BANK (646)
Target: Rs 620
Stop-loss: Rs 660
Target: Rs 620
Stop-loss: Rs 660
