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Last Updated : Oct 24, 2016 10:39 AM IST | Source: Moneycontrol.com

Resistance for Nifty at 8775; PNB, Tata Chem bullish plays: Gaba

According to Prakash Gaba of prakashgaba.com, Nifty has support at 8625 and resistance at 8775 while Bank Nifty has support at 19500 and resistance at 19800-19950.


Prakash Gaba of prakashgaba.com

Key levels to watch out today

Nifty (8693)

Support: 8625
Resistance: 8775

Bank Nifty (19711)

Support: 19500
Resistance: 19800-19950

Stocks

Bullish plays

PNB: Indicator Buy

Target: Rs 150
Stop loss: Rs 143

Tata Chemicals: Indicator buy

Target: Rs 590
Stop loss: Rs 568

Tech Mahindra: Base formation

Target: Rs 445
Stop loss: Rs 423

"I like Adani Ports. That looks okay, can climb to levels closer to Rs 298, keep stop loss below Rs 283."

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First Published on Oct 24, 2016 08:46 am
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