The Nifty has an immediate target of 5350-5400, says Deven Shah, technical analyst, on NDTV Profit. The Sensex can also go beyond 18,000 in some time now, he adds. The market may surprise on the upside, so stay invested for now, he suggests.
In PSU banks, OBC can be a good buy between Rs 217 and Rs 200 for a target price of Rs 250, says Neppolian Pillai, Head Institutional Equity, Modern Shares & Stock Brokers, on CNBC-TV18. The stock is currently trading at Rs 220.95, up 1.4% on the BSE
SBI looks attractive on the charts now and has a short term target of Rs 1,900, says Simi Bhaumik, technical analyst, on NDTV Profit. The stock is currently trading at Rs 1,775, down 2.6% on the BSE.
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