Sudarshan Sukhani of s2analytics.com recommends buying Wipro with stop loss at Rs 235 and target of Rs 252, ACC with stop loss at Rs 1440 and target of Rs 1525 and Maruti Suzuki with stop loss at Rs 6650 and target of Rs 7200.
Benchmark indices had to settle for marginal gains on October 14 with Sensex ending 87.39 points at 38,214.47 and Nifty settling at 11,341.20, up 36.1 points.
According to the pivot charts, the key support level for Nifty is placed at 11,280.63, followed by 11,220.07. If the index starts moving up, key resistance levels to watch out for are 11,411.13 and 11,481.07.
Nifty Bank closed with a gain of 139 points at 28,181.9. The important pivot level, which will act as crucial support for the index, is placed at 27,965.6, followed by 27,749.3. On the upside, key resistance levels are placed at 28,475.8 and 28,769.7.
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