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Crucial support for the Nifty is at 6000: Gaba

Source : SIFY
Last Updated: Thu, Jan 31, 2013 03:46 hrs

Nifty (6056) we said "now 6130 seems to a stiff resistance to work" the market unfolded weak as expected and has managed to stay below the 6130 mark…technically the market is typically is a sideways mode…with 6130 being a stiff resistance and 6000 a strong support zone...

The crucial support for the Nifty is at 6000 and the resistance is at 6100-6130-6168

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


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