Prakash Gaba of prakashgaba.com
Key levels to watch out today
NIFTY (8927)
Support: 8860
Resistance: 9000-9119
BANK NIFTY (20721)
Support: 20500
Resistance: 21000
STOCKS
Bullish Plays
BEL: Breakout
Target: Rs 1575
Stop loss: Rs 1537
Maruti: Base Formation
Target: Rs 6070
Stop loss: Rs 5920
Pidilite Industries: Indicator Buy
Target: Rs 692
Stop loss: Rs 677
SBI: Breakout
Target: Rs 277
Stop loss: Rs 271"Astral Poly Technik is looking good to me. We saw some good consolidation in Astral Poly in the regions of Rs 450, it got a breakout and now it is trading somewhere closer to around Rs 494-500. It is heading to levels closer to Rs 525. It may take its own sweet time, dips can be bought."
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