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

Support for Nifty at 5,100: Prakash Gaba

SI Reporter/ 14 Jun 12 | 08:38 AM

Nifty (5121)

We said "now it looks as if the up move should continue for a target of around 5,185-5,200," the market continued its up move but got stalled at 5,145 and closing again on 5,121. This is a cause for concern and now if the up move continues then 5,185 is a possibility but the breach of 5,100 would be a worry.

The crucial support for the Nifty is at 5,100 and the resistance is at 5,185-5,200.

Related Stories

    No Related Stories Found

Sensex

Company Price Gain (%)
Bharti Airtel373.005.26
Hero Motocorp2,601.352.69
ICICI Bank1,489.552.62
Hindalco Inds.192.602.53
Dr Reddy`s Labs2,822.252.01

Poll

Is L&T seen the top pick post the new infra lending norms by RBI?


Online Portfolio

You can create Online Portfolio here using the below button.