From mint · Asit Manohar · · 1m 10s
Top 3 Stocks to Buy: Bharti Airtel, ITC, PNB
Ganesh Dongre recommends Bharti Airtel, ITC, and PNB with target prices and stop-loss levels for Monday's trading.
In brief
Ganesh Dongre recommends Bharti Airtel, ITC, and PNB with target prices and stop-loss levels for Monday's trading. Ganesh Dongre of Anand Rathi recommends buying Bharti Airtel, ITC, and PNB with specific target prices and stop-loss levels for Monday. Originally reported by mint.
Nifty 50 Outlook
The Nifty 50 index closed at 22,520 after gaining 0.44% during the week.
Bank Nifty Status
The Bank Nifty settled at 55,256 after advancing 1.48% during the week.
Nifty Technical Support
Ganesh Dongre identifies 22,000, 21,700 as a crucial support zone for the Nifty 50 index.
Nifty Resistance Levels
A sustained weekly close above 23,200 could open the door for a recovery towards 24,000, 24,200.
Bank Nifty Technical Levels
The Bank Nifty trades below its 200-day EMA at 56,300 with key support near 51,500-53,000.
Stock Recommendations
Ganesh Dongre recommends buying Bharti Airtel at ₹1800, 1810 with target ₹1860 and stop loss ₹1760.
ITC Stock Details
ITC is recommended to buy at ₹260, 265 with target ₹285 and stop loss ₹245.
PNB Stock Details
PNB is recommended to buy at ₹114, 116 with target ₹124 and stop loss ₹107.
The key point
Ganesh Dongre of Anand Rathi recommends buying Bharti Airtel, ITC, and PNB with specific target prices and stop-loss levels for Monday.
