Moneycontrol
Jan 04, 2017 07:53 AM IST | Source: Moneycontrol.com

Support for Nifty at 8140; BPCL bullish play: Prakash Gaba

According to Prakash Gaba of prakashgaba.com, Nifty has support at 8140 and resistance at 8228-8250 while Bank Nifty has support at 17830 and resistance at 18300.

 
 
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Prakash Gaba of prakashgaba.com

Key levels to watch out today

Nifty (8192)        
 
Support: 8140
Resistance: 8228-8250         
 
Bank Nifty (18035)
 
Support: 17830
Resistance: 18300
 
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Bullish plays               
 
Axis Bank: Base formation
Target: Rs 465
Stop loss: Rs 445     
 
BPCL: Break out
Target: Rs 675
Stop loss: Rs 637
 
Bharat Financial Inclusion: Indicator buy
Target: Rs 650
Stop loss: Rs 590
 
Century Textiles: Indicator buy
Target: Rs 865
Stop loss: Rs 815
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