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Support For Nifty At 8700; See Break Out In Infosys: Gaba

According to Prakash Gaba of prakashgaba.com, Nifty has support at 8700 and resistance at 8825 while Bank Nifty has support at 19500 and resistance at 20000.

Oct 5, 2016 / 08:17 AM IST
 
 
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Prakash Gaba of prakashgaba.com

Key levels to watch out today

Nifty (8769)

Support: 8700
Resistance: 8825

Bank Nifty (19673)

Support: 19500
Resistance: 20000

Stocks

Bullish plays

Bharti Infratel: Break out
Target: Rs 380
Stop loss: Rs 364

Infosys: Break out
Target: Rs 1060
Stop loss: Rs 1040

Punjab National Bank: Break out
Target: Rs 150
Stop loss: Rs 142

Tata Motors: Break down
Target: Rs 560
Stop loss: Rs 540

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