Technical Analyst, Prakash Gaba:
Nifty (9139): We said ‘technically now 9225 is stiff resistance and a good chance that we could see a slide to around 9050 zones’. The Nifty volatile and closed in the red. Technically now I would view a move above 9160 as a first sign of strength.
The crucial support for the Nifty is at 9050 and the resistance is at 9200-9274.
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