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Crucial support for the Nifty is at 5845: gaba

Source : SIFY
Last Updated: Mon, Feb 11, 2013 04:15 hrs

Nifty (5904) well, well, well, while I was away on skiing holiday the market slid further and closed in the red for the week…technically there is selling pressure in the upper regions and the market can slide down further to around 5845 zones…though we could see some volatility as well…

The crucial support for the Nifty is at 5845 and the resistance is at 5950

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


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