Nifty Bank witnessed selling pressure at higher levels and remains in a sell-on-rise mode as long as it stays below the level of 42,000. The index immediate downside support stands at 40,500 and a breach below this will open gates for further downside toward 39,000 level.
Technical picks: Deepak Nitrite, IRCTC among 7 stocks to buy in short term for robust returns
Deepak Nitrite, IRCTC, HUDCO, City Union Bank, IRFC, Divis Lab, and NMDC are top short-term stock picks based on breakout patterns and bullish indicators. Analysts