Published on Thu, Mar 18, 2010 at 08:08 | Source : Moneycontrol.com
Updated at Thu, Mar 18, 2010 at 08:09
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Resistance for Sensex at 17635: Gaba
The crucial support on the downside for the Nifty is 5160 and resistance at 5300. The crucial support on the Sensex on the downside is 17400 and resistance at 17635.
Nifty (5232): We said 'Technically the trend is still intact up as long as 5100 holds'. The market has managed to see the high at 5260 very close to our resistance zone, technically 5300 is a possibility but that would be a strong resistance to deal with, strong supports exists at 5160.
The crucial support on the downside for the Nifty is 5160 and resistance at 5300.
BSE Sensex (17490): The crucial support on the Sensex on the downside is 17400 and resistance at 17635.
Technical Analyst, Prakash Gaba:
