The index’s previous week above 18,000 went to a waste due to negligent follow up closing of 17,531 levels on Friday. With the crucial rate-deciding Fed meeting of Sept 20-21, analysts expect a weakening till 17,300 levels, with a wide range of trade for the Nifty index, varying from 17,250-17,830, with individual stock profits. The close on a bearish candle is forecasted to be troublesome to the 18,000 levels. Investors are advised to buy in profitable individuals like Bajaj Auto, ICICI, Maruti, Titan, Asian paints, SBI, Escorts.
