Published on Fri, Feb 05, 2010 at 07:50 | Source : Moneycontrol.com
Updated at Fri, Feb 05, 2010 at 09:54
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Nifty has support at 4700-4766: Ashwani Gujral
Technical Analyst, Ashwani Gujral says the market may have negative opening today on account of weak global cues. The Nifty has support at 4700-4766 and resistances at 4900-4930.
Technical Analyst, Ashwani Gujral says the market may have negative opening today on account of weak global cues. The Nifty has support at 4700-4766 and resistances at 4900-4930.
Asian markets were witnessing huge selling pressure post free-fall in US markets on job sector worries and European jitters. These indices fell 2-3.5%.
The US markets had worst single-session percentage loss since April. The Dow fell below 10,000 for the first time since last November amid sovereign debt worries. Dollar Index surged above 80. The US indices slipped 2.5-3%.
