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Last Updated : Jul 27, 2016 10:24 AM IST | Source: Moneycontrol.com

Resistance for Nifty at 8663; see break out in L&T: Prakash Gaba

Nifty has support at 8550 and resistance at 8663 while Bank Nifty has support at 18690 and resistance at 19000, says Prakash Gaba of prakashgaba.com.


Prakash Gaba of prakashgaba.com

Key levels to watch out today

Nifty (8591)        
 
Support: 8550
Resistance: 8663   
 
Bank Nifty (18861)
 
Support: 18690
Resistance: 19000
 
Stocks
 
Bullish plays
 
Essel Propack: Bounce from support
Target: Rs 225
Stop loss: Rs 211     
 
Grindwell Norton: Bounce from support
Target: Rs 360
Stop loss: Rs 345     
 
JSW Steel: Breakout
Target: Rs 1700
Stop loss: Rs 1640
 
Larsen & Toubro: Breakout  
Target: Rs 1610
Stop loss: Rs 1573
 
Power Grid: Breakout
Target: Rs 180
Stop loss: Rs 169
 
Zensar Technologies: Base formation
Target: Rs 1035
Stop loss: Rs 997

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First Published on Jul 27, 2016 08:23 am
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