Crucial support for the Nifty is at 5980-5940: Gaba

Last Updated: Mon, Jan 07, 2013 03:45 hrs

Nifty (6016) we said 'now the crucial support to watch is 5980 and trade long' the market unfolded as expected with profit booking and yet it closed positive and above 5980…technically 5980 is still a crucial support to work with…

The crucial support for the Nifty is at 5980-5940 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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