Total Pageviews

Friday, May 14, 2010

Crucial support for Nifty at 5150-5095: Gaba



Technical Analyst, Prakash Gaba
Nifty (5179): We said ‘The market can see an up move as long as 5095 holds and the target in the days to come could be 5250’. The market unfolded in the green but is now at very crucial stage and I would maintain the market is up as long as 5150 holds but if 5150 goes then the market could once again shed some weight.
  
The crucial support on the downside for the Nifty is at 5150-5095 and resistance at 5205-5241.

BSE Sensex (17266): The crucial support on the Sensex on the downside is at 17200-17030-16950 and resistance at 17350-17390-17461.

No comments:

Post a Comment