​Crucial support for the Nifty is at 5970-5920: Gaba

Last Updated: Mon, Feb 04, 2013 03:38 hrs

Nifty (5998) we said "with 6130 being a stiff resistance and 6000 a strong support zone" the market unfolded weak and has closed right on our psychological support of 6000…technically the market seems trapped and is finding it difficult to cross the 6100 mark…so there is chance that the market may slip to around 5970-20 zones...

The crucial support for the Nifty is at 5970-5920 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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