Support for the Nifty is at 5340: Gaba
|
Last Updated: Fri, Feb 10, 2012 09:46 hrs
Nifty (5412) we said ‘I would say that 5322 is a very crucial support to deal with and best to trade long as long as 5322 holds’ the market unfolded as expected and consolidated and finally moved up closer towards our target of 5435 and closed in the green…technically the market is still up… and the target beyond 5435 is 5481… and continue long as long as 5340 holds…
The support for the Nifty is at 5340 and resistance at 5435-5481
Prakash Gaba is a professional technical analyst and a trader based in Mumbai and runs his own consultancy.
most popular on facebook
talking point on sify finance
today's most read on sify finance
- Petrol carmakers announce up to Rs 50000 in discounts Read 366 Times
- Nude maid service raising eyebrows in Texas city Read 315 Times
- A Chennai restaurant's unique Saturday night dinner Read 271 Times
- Congress slams Trinamool over petrol price hike protest Read 143 Times
- Air India flies out stranded British Airways passengers Read 119 Times
