Nifty may move to 9000: Prakash Gaba

The crucial support for the Nifty is at 8925-8850 and the resistance is at 8969-9000, says Technical Analyst, Prakash Gaba.

March 02, 2017 / 08:24 IST

Technical Analyst, Prakash Gaba:Nifty (8946): We said ‘technically downside to 8850-8800 still is a possibility but I would not be surprised with one more attempt to 8969 zones, so volatility not ruled out’. The Nifty unfolded as expected and also tried climbing towards our target of 8969 and closed in the green. Technically now 8925 is a strong support and upside to 9000 is a possibility.The crucial support for the Nifty is at 8925-8850 and the resistance is at 8969-9000.

first published: Mar 2, 2017 08:24 am

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