Trade long, Nifty may retest 8950-9000: Mohit Gaba

We are on course to retest 8950-9000 levels. The bullish bias continues, hence trade long. A good stoploss would be 8790, says Technical Analyst, Mohit Gaba.

February 20, 2015 / 08:57 IST

Technical Analyst, Mohit Gaba:

The Nifty had a volatile day n Thursday. After the first hour of trade it moved lower sharply looking like we would see it move lower for the next few days however it quickly recovered in the last hour of trade closing in the green for the day.

We are on course to retest 8950-9000 levels. The bullish bias continues, hence trade long. A good stoploss would be 8790.

first published: Feb 20, 2015 08:57 am

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