Now that the bounce back has started it can take Nifty up to 4860 & 4920. Nifty has good support at 4770/ 4730. Below these Nifty will again become weak and may head for the previous low of 4675.
Stock View: Sterling Biotech
The stock has been one of the largest underperformers in the recent times but Technically its taking good support at around 90 level. If it holds 90 then it can give a good 10-15% bounceback. So Buy SterlinBio at current levels with a stop loss of 90 ( don't wait for closing ) and targets for this stock are 105/110.
Have a nice trading day
Regards
Ankit
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