Key Points
Rohan Patil, Technical Analyst, SAMCO Securities said, "The frontline index of NSE Nifty-50 ended on a positive note for the seventh straight session and closed above 17,700 levels with a gain of 0.56%..
Patil added, "Nifty on the daily chart has formed a bullish golden cross where 21 DEMA has crossed above 9 DEMA and prices are looking stronger to move higher..
For Wednesday, Ganesh Dongre, Senior Manager - Technical Research at Anand Rathi expects Nifty to find support at 17300/17350 with resistance between 18050/18100..
Buy Au Small Finance Bank with a stop loss of 560 and a target price between 590-600Buy Bajaj Finserv with a stop loss of 1,305 for a target price between 1350-1375..
Buy Lemon Tree at 77 with a stoploss 75 and target price of 82 . 8. Buy Jindal Steel at 563 with a stoploss 554 and target 585 ..
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