Resistance for Nifty at 8969-9120: Prakash Gaba

Technically the trend is still intact up and support is at 8900-8930 zones, says Technical Analyst, Prakash Gaba.

March 08, 2017 / 07:46 IST

Technical Analyst, Prakash Gaba:Nifty (8947): We said ‘technically now 8930 is crucial support to work with and upside is still on and would be lead by banks and PSU banks in particular’. The Nifty opened with a bull gap and traded nearly flat taking care to stay above our crucial 8930 mark.Technically the trend is still intact up and support is at 8900-8930 zones.The crucial support for the Nifty is at 8930-8900-8850 and the resistance is at 8969-9000-9120.

first published: Mar 8, 2017 07:46 am

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