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Last Updated : Sep 30, 2016 09:10 AM IST | Source:

Nifty has support at 8490; HDIL bearish play: Gaba

According to Prakash Gaba of, Nifty has support at 8490 and resistant at 8700.

Technical Analyst, Prakash Gaba:

Nifty (8591)

Support: 8490
Resistant: 8700

Bank Nifty (19184)

Support: 18500
Resistance: 19500


Bearish Plays

Allahabad Bank: Bounce from support
Target: 70
Stop loss: 80

Ashok Leyland: Bounce from Support
Target: 70
Stop loss: 80

Dewan Housing: All time High
Target: 255
Stop loss: 285

HDIL: All time High
Target: 70
Stop loss: 83

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First Published on Sep 30, 2016 08:03 am
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