Jan 13, 2017 09:10 AM IST | Source:

Support for Nifty at 8380-8319; see break out in Castrol: Gaba

Nifty has support at 8380-8319 and resistance at 8435 while Bank Nifty has support at 18800 and resistance at 19091, says Prakash Gaba of

Prakash Gaba of

Key levels to watch out today

Nifty (8407)

Support: 8380-8319
Resistant: 8435

Bank Nifty (18874)

Support: 18800
Resistance: 19091


Bullish plays

Castrol India: Break out
Target: Rs 403
Stop loss: Rs 393

Crompton Greaves: Break out
Target: Rs 67
Stop loss: Rs 63

Rural Electrification Corporation: Indicator buy
Target: Rs 140
Stop loss: Rs 135

UPL: Break out
Target: Rs 698
Stop loss: Rs 676

Bearish plays

Century Textiles: Exhaustion
Target: Rs 800
Stop loss: Rs 827
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