Oct 19, 2016 08:29 AM IST | Source:

Resistance for Nifty at 8775; Axis Bank, ITC bullish plays: Gaba

Nifty has support at 8550 and resistance at 8775 while Bank Nifty has support at 19200 and resistance at 19800, says Prakash Gaba of

  • bselive
  • nselive
Todays L/H
Prakash Gaba of

Key levels to watch out today

Nifty (8678)

Support: 8550
Resistance: 8775

Bank Nifty (19495)

Support: 19200
Resistance: 19800


Bullish plays

Ashok Leyland: Break out
Target: Rs 86
Stop loss: Rs 82

Axis Bank: Base formation
Target: Rs 544
Stop loss: Rs 520

Bajaj Finance: Break out
Target: Rs 1150
Stop loss: Rs 1088

ITC: Break out
Target: Rs 250
Stop loss: Rs 240
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