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Crucial support for the Nifty is at 5890: Gaba

Source : SIFY
Last Updated: Thu, Dec 06, 2012 03:21 hrs

Nifty (5901) we said 'logical target on the upside is 5967 as long as 5920 holds. The crucial support for the Nifty is at 5820 and the resistance is at 5920-5950-5967' the market unfolded strong and climbed to a level of 5918 close to our resistance of 5920and closed marginally in the green…technically the market is still up as long as 5890 holds…

The crucial support for the Nifty is at 5890 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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