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Buy or Sell | Nifty likely to head towards 11,450; buy IndusInd Bank, M&M

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We are looking at a target of 11450 on Nifty while Bank Nifty will see resistance at 28500-28800. IndusInd Bank is still a buying opportunity on declines. We are bullish on pharma sector. Keep a cautious approach on the indices because Nifty can retrace to 11250 and that would again be a good buying opportunity, says Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.

We are looking at a target of 11450 on Nifty while Bank Nifty will see resistance at 28500-28800. IndusInd Bank is still a buying opportunity on declines. We are bullish on pharma sector. Keep a cautious approach on the indices because Nifty can retrace to 11250 and that would again be a good buying opportunity, says Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.

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