Crucial support for the Nifty is at 5980-5940: Gaba

​Nifty (5988) we said 'technically 5980 is still a crucial support to work with' the market saw some profit booking but somehow has managed to stay above the crucial 5980 mark…technically I would still say that 5980 is a crucial support to work with…

The crucial support for the Nifty is at 5980-5940 and the resistance is at 6100

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

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