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
The Nifty has strong resistance at 5000-5050, while the immediate support is seen at 4900 levels. Deven Choksey of KR Choksey Securities likes banks and capital goods.
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.