Live Markets »News & Advice»Latest Advice»Latest Advice Details
Latest Advice Details
Back

Support for Nifty between 5,048-4,931 levels: Prakash Gaba

SI Reporter/New Delhi 20 Jun 12 | 08:17 AM

Nifty (5,104)

We said, "The crucial support for the Nifty is at 5,030-4,931 and the resistance is at 5,100." The market closed right on resistance as a sideways movement was expected. Now the market is still sideways and may go up to until 5,150 as well but the crucial support to watch would be 5,048 and the breach of 5,048 would generate a shorting opportunity.

The crucial support for the Nifty is at 5,048-4,931 and the resistance is at 5,150.

Related Stories

    No Related Stories Found

Sensex

Company Price Gain (%)
Hindalco Inds.141.304.40
Tata Motors428.654.24
ICICI Bank1,262.003.25
B H E L181.053.10
St Bk of India2,017.802.96

Poll

Will TCS outperform Infosys in terms of profit growth in Q4?


Online Portfolio

You can create Online Portfolio here using the below button.