Moneycontrol
Dec 02, 2016 09:20 AM IST | Source: Moneycontrol.com

Support for Bank Nifty at 18250; buy Dr Reddy's: Prakash Gaba

Nifty has support at 8140 and resistance at 8250 while Bank Nifty has support at 18250 and resistance at 18750, says Prakash Gaba of prakashgaba.com.

Prakash Gaba of prakashgaba.com

Key levels to watch out today

Nifty (8192)

Support: 8140
Resistance: 8250

Bank Nifty (18428)

Support: 18250
Resistance: 18750

Stocks

Bullish plays

Dr Reddy's Labs: Break out
Target: Rs 3290
Stop loss: Rs 3200

Sun Pharma: Indicator buy
Target: Rs 740
Stop loss: Rs 715

Bearish plays

JSW Steel: Exhaustion
Target: Rs 1625
Stop loss: Rs 1700

Tata Motors: Break down
Target: Rs 440
Stop loss: Rs 453

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