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

Support for Nifty at 5270: Prakash Gaba

SI Reporter/New Delhi 10 Aug 12 | 08:34 AM

Nifty (5323)

We said, "Technically the market seems like a bull trap now and its time to book  profits."

The market unfolded as expected with profit booking technically the market is still in a reaction mode and some more profit booing in the upper regions is not ruled out. However 5270 seems to a strong support zone

The crucial support for the Nifty is at 5270 and the resistance is at 5378-5449

Related Stories

    No Related Stories Found
Be the first to comment


Leave a reply


Name:  
Email: *  
Comment: *
(Max. 1000 characters)
 
Word Verification: *  
  Comment  

Sensex

Company Price Gain (%)
Tata Power Co.83.501.46
Reliance Inds.835.301.24
Hero Motocorp1,636.000.75
Infosys2,438.200.69
Bharti Airtel298.350.66

Poll

Will rate sensitive shares remain under pressure after RBI's neutral stance on policy rates?


Online Portfolio

You can create Online Portfolio here using the below button.