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Time to reset economy

Last Updated : Nov 22, 2016 10:30 AM IST | Source: Moneycontrol.com

Support for Nifty at 7897; buy PNB Gilts: Prakash Gaba

Nifty has support at 7897 and resistance at 8100 while Bank Nifty has support at 18000 and resistance at 19000, says Prakash Gaba of prakashgaba.com.

Prakash Gaba of prakashgaba.com

Key levels to watch out today

Nifty (7929)

Support: 7897
Resistance: 8100

Bank Nifty (18446)

Support: 18000
Resistance: 19000

Stocks

Bullish plays

PNB Gilts: New high
Target: Rs 50
Stop loss: Rs 44

Bearish plays

Just Dial: Indicator sell
Target: Rs 367
Stop loss: Rs 400

Reliance Communications: New low
Target: Rs 30
Stop loss: Rs 38

SpiceJet: Indicator sell
Target: Rs 57
Stop loss: Rs 61

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First Published on Nov 22, 2016 08:17 am
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