Moneycontrol
Sep 27, 2017 01:05 PM IST | Source: Moneycontrol.com

Support for Nifty at 8480; see break down in JSW Steel: Gaba

Prakash Gaba of prakashgaba.com is of the view that Nifty has support at 8480 and resistance at 8700 while Bank Nifty has support at 18800 and resistance at 19200-19300.

 
 
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Prakash Gaba of prakashgaba.com

Key levels to watch out today

Nifty (8520)

Support: 8480
Resistance: 8700

Bank Nifty (19020)

Support: 18800
Resistance: 19200-300

Stocks

Bullish plays

Dewan Housing Finance: Break out
Target: Rs 315
Stop loss: Rs 300

Tata Coffee: Break out
Target: Rs 150
Stop loss: Rs 138

Bearish plays

Ambuja Cements: Break down
Target: Rs 240
Stop loss: Rs 251

JSW Steel: Break down
Target: Rs 1684
Stop loss: Rs 1760
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