NIFTY VIEW AS ON 28 NOV 2020 (Stock Update)
Intraday Resistance/Support Zone is 12950-12970
Intermediate Support Zone is 12450-12635
Long Term Support Zone is 11320-11745
MARKET VIEW
After a big rally we may expect NIFTY to pause a bit and it has halted its run since 2 days. However i do not recommend to go short but it may test our intermediate zone. For resumption of an uptrend it is important to sustain above our intraday zones.
STOCK RECOMMENDATION UPDATE TILL NOW
TATA CONSUMER PRODUCT Buy 502 Closing 538 (+7.17%)
AUROPHARMA Buy 816 Closing 868.55 (+6.44%)
BAJAJ AUTO Buy 3001 Closing 3173.55 (+5.75%) (Exited 60 percent this week)
BIOCON Buy 428 Closing 429.35 (+0.32%)
TORRENT PHARMA Buy 2645 Closing 2615.10 (-1.13%)
HEROMOTO CORP Buy 3076 Closing 3108.85 (+1.07%)
BRITANNIA Buy 3555 Closing 3637.95 (+2.33%)