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Support for Nifty is at 5700: Gaba

Source : SIFY
Last Updated: Thu, Feb 28, 2013 03:15 hrs

Nifty (5797): we said "technically now 5835 is a stiff resistance to deal with and the slide could proceed towards 5700" the market traded negative but did not crack and held on… we are now into F&O expiry and the budget day and so volatility is not ruled out…5835 is still a resistance to deal with…

The support for Nifty is at 5700 and the resistance to the up move at 5835

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


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