Resistance for Sensex at 17272: Prakash Gaba

Published on Wed, Mar 17, 2010 at 08:44 |  Source : Moneycontrol.com

Updated at Wed, Mar 17, 2010 at 08:46  

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Resistance for Sensex at 17272: Prakash Gaba

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By Prakash Gaba, Technical Analyst

Nifty (5198): We said 'I would still maintain that market has a crucial support at 5100'. The market traded above 5100 mark and has closed right near psychological the 5200 zone. Technically the trend is still intact up as long as 5100 holds.
  
The crucial support on the downside for the Nifty is at 5160 and resistance at 5217-5250.

BSE Sensex (17383): The crucial support on the Sensex on the downside is at 17250 and resistance at 17272.

  

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