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Resistance for Bank Nifty at 22037; buy IIFL Holdings, Rallis India: Prakash Gaba

NIFTY has support at 9130 and resistance at 9218-9245 while BANK NIFTY has support at 21500 and resistance at 22037, says Prakash Gaba of prakashgaba.com.

March 31, 2017 / 09:59 AM IST

Prakash Gaba of prakashgaba.com

Key levels to watch out for for March 31, 2017

NIFTY (9173)        

Support: 9130

Resistance: 9218-9245

BANK NIFTY (21621)

Support: 21500

Resistance: 22037

STOCKS

Bullish Plays

IIFL Holdings: Breakout

Target: Rs 410

Stop loss: Rs 390

Rallis India: Indicator Buy

Target: Rs 265

Stop loss: Rs 245

Bearish Plays

Idea Cellular: Indicator Sell

Target: Rs 83

Stop loss: Rs 90

Just Dial: Breakdown

Target: Rs 525

Stop loss: Rs 555

"Zensar Technologies can move up from here. The targets that I have is aggressive, Rs 960-970 zone, may take couple of days for it, stop loss may be at Rs 900, a strong support zone."

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