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Context
What happened: Ganesh Dongre of Anand Rathi recommended buying Bharti Airtel, ITC, and PNB, with entry ranges, targets, and stop losses for each. The Nifty 50 closed at 22,520 and Bank Nifty at 55,256.
Key numbers: Nifty 50 up 0.44% to 22,520; Bank Nifty up 1.48% to 55,256. Bharti Airtel buy 1800 to 1810, target 1860, stop loss 1760. ITC buy 260 to 265, target 285, stop loss 245.
Why it matters: Dongre said both indices remain in a cautious technical phase despite the weekly recovery, with 22,000 to 21,700 a crucial Nifty support zone and 56,500 key Bank Nifty resistance.
What changed
Ganesh Dongre of Anand Rathi recommended buying Bharti Airtel, ITC, and PNB, with entry ranges, targets, and stop losses for each. The Nifty 50 closed at 22,520 and Bank Nifty at 55,256.
Why it matters
Dongre said both indices remain in a cautious technical phase despite the weekly recovery, with 22,000 to 21,700 a crucial Nifty support zone and 56,500 key Bank Nifty resistance.