HomeNewsBusinessTechnicalsResistance for Nifty at 9000; buy Ceat: Prakash Gaba

Resistance for Nifty at 9000; buy Ceat: Prakash Gaba

Prakash Gaba of prakashgaba.com is of the view that Nifty has support at 8900 and resistance at 9000 while Bank Nifty has support at 20700 and resistance at 21000.

February 27, 2017 / 10:36 IST
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Prakash Gaba of prakashgaba.com

Key levels to watch out for today Nifty (8940) Support: 8900Resistance: 9000Bank Nifty (20876)Support: 20700Resistance: 21000StocksBullish playsCeat: Indicator BuyTarget: Rs 1188 Stop loss: Rs 1152HDIL: Indicator Buy Target: Rs 70Stop loss: Rs 67ITC : Support zoneTarget: Rs 270Stop loss: Rs 264Natco Pharma: Break outTarget: Rs 835Stop loss: Rs 787"Alkem Laboratories looks good to me. The stock can climb to levels closer to around Rs 2,200 or even higher to Rs 2,250, it may take a day or two for that, keep stop loss below Rs 2,100." "Bharti Infratel looks a bit tad tired, it can slide down to levels closer to Rs 285. I will modify the stop loss to Rs 296 instead of Rs 300. It has already come down."

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first published: Feb 27, 2017 08:11 am

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