Prakash Gaba of prakashgaba.com
Key levels to watch out today
Nifty (9625)
Support: 9580-9540
Resistance: 9660-9713
Bank Nifty (23183)
Support: 23100
Resistance: 23500
Stocks
Bullish Plays
Aditya Birla Nuvo: Indicator Buy
Target: Rs 1680
Stop loss: Rs 1644
Can Fin Homes: Momentum Pull
Target: Rs 2800
Stop loss: Rs 2688
Target: Rs 215
Stop loss: Rs 200
Tata Chemicals: Breakout
Target: Rs 640
Stop loss: Rs 622
"Indian Oil Corporation (IOC) is looking good to me. It can climb to levels closer to Rs 435, keep stop loss below Rs 423."
"I also like State Bank of India (SBI). Banking stocks are looking good. It can climb to levels closer to Rs 295, keep stop loss below Rs 288."
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