HomeNewsBusinessTechnicalsRemain cautious, still in down move in medium term: Gaba
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Remain cautious, still in down move in medium term: Gaba

The Nifty is not getting a good amount of support from the Bank Nifty which is worrying. One should be cautious as we are still in a down move in the medium term, says Technical Analyst, Mohit Gaba.

June 19, 2015 / 08:37 IST
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Technical Analyst, Mohit Gaba:
 
The Nifty continued to move higher, mainly due to Reliance Industries. Next is 8200-8250, the bias is bullish for the very short term.
 
The Nifty is not getting a good amount of support from the Bank Nifty which is worrying. One should be cautious as we are still in a down move in the medium term.
 
Disclosure: Network 18, which publishes moneycontrol.com, is now part of the Reliance Group.
 
first published: Jun 19, 2015 08:37 am

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