Crucial support for the Nifty is at 5640-5600: Gaba

Last Updated: Thu, Nov 15, 2012 03:28 hrs

Nifty (5667) we said 'but now looks like some kind of sideways trading is not ruled out until Diwali' the market traded sideways with a bearish bias and has closed in the red on Mahurat Day… so far technically 5720 is a stiff resistance to work with…

The crucial support for the Nifty is at 5640-5600 and the resistance is at 5720-5780

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

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