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Mar 21, 2017 09:32 AM IST | Source:

Resistance for Bank Nifty at 21200; buy Allahabad Bank, Nestle India, Syngene: Prakash Gaba

Prakash Gaba of is of the view that Nifty has support at 9080 and resistance at 9150 while Bank Nifty has support at 21000 and resistance at 21200.

Prakash Gaba of

Key levels to watch out today

NIFTY (9127)

Support: 9080

Resistance: 9150

BANK NIFTY (21110)

Support: 21000

Resistance: 21200


Bullish Plays

Allahabad Bank: Base Formation

Target: Rs 74

Stop loss: Rs 70

Aurobindo Pharma: Breakout

Target: Rs 720

Stop loss: Rs 690

Nestle India: Breakout

Target: Rs 6350

Stop loss: Rs 6220

Syngene: Breakout

Target: Rs 545

Stop loss: Rs 531

Indian Bank can slide down to levels closer to Rs 260, keep stop loss above Rs 277.
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