Go long on Nifty with stoploss at 5630: Mohit Gaba

Readers could go long on the Nifty with a stop loss at 5630; if one wants a tighter stop then we could place on at 5685 for higher targets, says Technical Analyst, Mohit Gaba.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead master your money SME Special
moneycontrol.com

Home » News » Mohit Gaba

Oct 19, 2012, 08.26 AM | Source: Moneycontrol.com

Go long on Nifty with stoploss at 5630: Mohit Gaba

Readers could go long on the Nifty with a stop loss at 5630; if one wants a tighter stop then we could place on at 5685 for higher targets, says Technical Analyst, Mohit Gaba.

Like this story, share it with millions of investors on M3

Go long on Nifty with stoploss at 5630: Mohit Gaba

Readers could go long on the Nifty with a stop loss at 5630; if one wants a tighter stop then we could place on at 5685 for higher targets, says Technical Analyst, Mohit Gaba.

Post Your Comments

Share Cancel

Mohit Gaba (more)

Technical Analyst, www.tradeguruforum.com | Capital Expertise: Equity - Technical

Technical Analyst, Mohit Gaba:

The Nifty opened with a small gap up for a third day running, started to drift lower again like the earlier days only this time its consolidated at a higher levels and then spiked higher, it held its gains consolidating during the last few hours of the session at the same time edging upwards.

Yesterday’s up move was support by the Bank Nifty and could be a breakout from the long 3 week consolidation. I had long positions on the Nifty from day before yesterday and I have continued to hold them. Readers could go long on the Nifty with a stop loss at 5630; if one wants a tighter stop then we could place on at 5685 for higher targets.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Go long on Nifty with stoploss at 5630: Mohit Gaba

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login