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HomeNewsBusinessSupport for Nifty at 9312-9375; BoB, REC bearish plays: Prakash Gaba

Support for Nifty at 9312-9375; BoB, REC bearish plays: Prakash Gaba

Nifty has support at 9375-9312 and resistance at 9500 while Bank Nifty has support at 22450-22400 and resistance at 22800, says Prakash Gaba of prakashgaba.com.

May 23, 2017 / 07:46 IST

Prakash Gaba of prakashgaba.com

Key levels to watch out today

Nifty (9439)

Support: 9375-9312

Resistance: 9500

Bank Nifty (22653)

Support: 22450-22400

Resistance: 22800

Stocks

Bullish Plays

Ajanta Pharma: Indicator Buy

Target: Rs 1725

Stop loss: Rs 1665

Bearish Plays

Bank of Baroda: Base Formation

Target: Rs 177

Stop loss: Rs 186

Engineers India

Target: Rs 158

Stop loss: Rs 166

India Cements

Target: Rs 187

Stop loss: Rs 204

Rural Electrification Corporation

Target: Rs 207

Stop loss: Rs 216

first published: May 23, 2017 07:46 am

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