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Adani stock: Axis Securities said one can buy Adani Ports in the range of Rs 1,400-1,372 with a stop loss of Rs 1,308 for 11-14 per cent upside.
Nifty closed at 22213 on 23rd February after a volatile week. Indecisiveness among participants indicated by the candle with shadows. Weekly strength indicator RSI above reference lines signals positive bias. Buy recommendations: Indus Towers, JSW Energy, Godrej Properties, Indiabulls Housing Finance. Technical analysis: Symmetrical triangular pattern, Fibonacci Retracement level, 20, 50, 100, and 200 days SMA, Bollinger Band.