The index’s immediate resistance on the upside is at 36,400, and a breach of this will witness some short covering move on the upside towards 39,000 levels. The lower-end support is placed at 37,500. If that is breached, it will aggravate the sell-off towards 37,000-36,000 levels.
ITC, HAL, UltraTech Cement among 37 stock picks from Sharekhan after Budget 2024
Following the Union Budget for 2024-25, brokerage firm Sharekhan has expressed optimism about several stocks across large, mid, and small-cap segments. According to its analysis,