Dec 01, 2016 08:22 AM IST IST | Source: Moneycontrol.com

Resistance for Nifty at 8300; buy L&T, Apollo Tyres: Gaba

Nifty has support at 8160 and resistance at 8300 while Bank Nifty has support at 18250 and resistance at 18800, says Prakash Gaba of prakashgaba.com.

Prakash Gaba of prakashgaba.com

Key levels to watch out today

Nifty (8225)

Support: 8160
Resistance: 8300

Bank Nifty (18628)

Support: 18250
Resistance: 18800

Stocks

Bullish plays

Apollo Tyres: Break out
Target: Rs 197
Stop loss: Rs 185

Canara Bank: Indicator buy
Target: Rs 324
Stop loss: Rs 314

Larsen & Toubro: Break out
Target: Rs 1450
Stop loss: Rs 1370

Reliance Infra: Indicator buy
Target: Rs 490
Stop loss: Rs 473
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