Support for Sensex at 17050: Gaba

Published on Wed, Nov 25, 2009 at 08:09 |  Source : Moneycontrol.com

Updated at Wed, Nov 25, 2009 at 10:46  

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Support for Sensex at 17050: Gaba

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Technical Analyst, Prakash Gaba:

BSE Sensex (17131): The market traded volatile as expected and will remain volatile until the F&O expiry on Thursday. Interestingly the market took support like a dot right on support of 5050, my worry would be if the market stays still here.

The crucial support for the Sensex is at 17050 and logical technical target at 17467.

Nifty (5091): The crucial support for the Nifty is at 5050 and logical technical targets at 5155-5166.

  

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