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 (%)
Infosys1,088.802.38
B H E L283.051.73
Wipro565.001.50
H D F C1,321.451.30
Tata Motors375.251.30

Poll

Will the Nifty July series end above 8,600?


Online Portfolio

You can create Online Portfolio here using the below button.