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Crucial support for the Nifty is at 5800: Gaba

Source : SIFY
Last Updated: Wed, Dec 12, 2012 02:54 hrs

Nifty (5899) we said 'structurally the market has shown some signs of profit booking and I would not be surprised of some more profit booking in the days to come' so far the market has closed flat and the analysis remains the same…

The crucial support for the Nifty is at 5800 and the resistance is at 5950-5967-6000

Prakash Gaba is a professional technical analyst and a trader based in Mumbai and runs his own consultancy.

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  Cities   Price (10g)
  Chennai   Rs. 24500.00 (-0.33%)
  Mumbai   Rs. 25480.00 (-0.08%)
  Delhi   Rs. 25200.00 (0%)
  Kolkata   Rs. 25000.00 (0%)
  Kerala   Rs. 24400.00 (-0.41%)
  Bangalore   Rs. 24450.00 (0%)
  Hyderabad   Rs. 24580.00 (0%)
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