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Last Updated : Oct 03, 2016 08:27 AM IST | Source: Moneycontrol.com

Nifty has resistance at 8700, ITC bearish play: Prakash Gaba

Nifty has support at 8550 and resistant seen at 8700, says Technical Analyst, Prakash Gaba.

 
 
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Technical Analyst, Prakash Gaba:

Key levels to watch out for today 3rd October 16

Nifty (8611)

Support: 8550
Resistant: 8700

Bank Nifty (19184)

Support: 19085
Resistance: 19500

Stocks

Bullish Plays

Force Motors : Breakout
Target: 3600
Stop loss: 3450

GM Breweries: Breakout
Target: 700
Stop loss: 620

United Spirits: Breakout
Target: 2700
Stop loss: 2400

Bearish play

ITC: Breakdown
Target: 235
Stop loss: 246

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First Published on Oct 3, 2016 08:27 am
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