Nifty has strong resistance at 5000-5050: KR Choksey

Published on Fri, Nov 13, 2009 at 09:10 |  Source : CNBC-TV18

Updated at Fri, Nov 13, 2009 at 09:11  

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Nifty has strong resistance at 5000-5050: KR Choksey

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Here is expert equity call for the day on how the markets are expected to trade:

Deven Choksey, KR Choksey Securities: The underlying sentiment is cautious and investors are reluctant to buy at higher levels. The Nifty has strong resistance at 5000-5050, while the immediate support is seen at 4900 levels. I like banks and capital goods.

  

Entities: Nifty, Deven Choksey
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