Traders and investors should continue holding Deepak Nitrite and can expect upside towards Rs 2,400 followed by Rs 2,650. Downside support for the stock is placed at Rs 2,000 levels.
Nandish Shah of HDFC Securities believes that the short-term trend will remain bullish till the Nifty is trading above 17,200 levels
After some profit-booking in the past week, stocks are likely to be rangebound in the week ahead, analysts said.
Ashwani Gujral of ashwanigujral.com