Wednesday, December 08, 2010

Support For Sensex at 19900: Prakash Gaba

Prakash GabaTechnical Analyst, Prakash Gaba:

Nifty (5977): We said ‘technically the market is still up as long as 5960 holds but stiff resistance at 6090’. The market has managed to stay above the crucial support of 5960. Technically the market is still up but in a sideways zone.

The crucial support on the downside for the Nifty is 5960 and resistance at 6020-6091.

BSE Sensex (19935): The crucial support on the Sensex on the downside is 19900 and resistance at 20032-20050-20295.

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