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Nov 01, 2012, 08.08 AM IST
We could see a range bound Nifty in the coming days, which may not give us clear moves, on the lower side 5580 to 5550 are good support areas and on the higher side 5650-5680 are resistances zones, says Technical Analyst, Mohit Gaba.
Technical Analyst, Mohit Gaba:
The Nifty traded in a 30 point range before giving a weak breakout on the upside yesterday. The Nifty consolidated after the big down move On Tuesday.
We could see a range bound Nifty in the coming days, which may not give us clear moves, on the lower side 5580 to 5550 are good support areas and on the higher side 5650-5680 are resistances zones.
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