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Markets still volatile. Bharti Airtel and BHEL are good choice


Bharti Airtel and BHEL are good choice:Rajesh V
Nifty Future

High volatility continues in market. Nifty Future has to close above 5090 to think about bulls. Investors can give it a try at value buying at these levels. Nifty has major resistance at 5180 levels.


Support – 5060 / 5036
Resistance – 5120 / 5146 / 5162

Bank Nifty future

Closing above 10220 levels will be a positive sign for bulls in bank nifty. it has resistance at 10450 levels and support at 10070 levels.

Stocks to watch, buy the following stocks if they go above yesterday's high with a stop loss at 1% and a target price of 1.5% from current level.

Bharti Airtel
Kotak Bank

Rajesh V. Ravanappan is a practitioner of technical analysis. He has eight years of experience in the share broking industry. He is a contributing writer for You can contact him at rajeshvravanappan (at) gmail (dot) com

If you would also like to contribute or send us a feedback, then e-mail to money (at) oneindia (dot) co (dot) in DISCLAIMER: The views expressed in this article are the views of the author and do not reflect the views of our company. does not take any responsibility for any losses incurred by investors who take their cues from the above article.

Story first published: Wednesday, August 10, 2011, 10:00 [IST]
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