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

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.