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Crucial support for the Nifty is at 5950-5920: Gaba

Source : SIFY
Last Updated: Tue, Feb 05, 2013 03:38 hrs

Nifty (5987) we said "so there is chance that the market may slip to around 5970-20 zones" the market unfolded as expected and slipped closer to our target and closed in the red…technically the market is still weak and a slip to around 5950 is not ruled out…

The crucial support for the Nifty is at 5950-5920 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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