Support for Nifty at 4292: Gaba

Published on Fri, Jul 03, 2009 at 08:28 |  Source : Moneycontrol.com

Updated at Fri, Jul 03, 2009 at 08:30  

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Support for Nifty at 4292: Gaba

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Technical Analyst, Prakash Gaba:

BSE Sensex (14658): We said 'some more bounce until the budget is not ruled out and what we are actually witnessing is a sideways move'. The market once again traded sideways with no signs of any direction, looks like a directionless market until the budget.

The support for the Sensex is 14500 and the resistance to the up move is at 14809-15000.

Nifty (4349): The support for the Nifty is at 4292 and the resistance to the up move is at 4380-4400.

  

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