Bank Nifty
Bank Nifty has a support at 38300, trading below it can lead to further weakness and Bank Nifty can fall till 38000, 37600. It has a resistance at 38800, trading above it can lead Bank Nifty towards 39000.
Nifty
Nifty has a support at 17500 and breaking it indicates a fall till 17250. Nifty should sustain above 17625, for a upside till 17700.
Stocks to watch out.
1. Godrej CP (LTP 900.40)
It is consolidating near resistance level from last 5 trading sessions and volume activity suggest it can go till 940. It has a support at 870.
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