Support for Nifty at 2900: Gaba
March 31st, 2009
BSE Sensex (9568): We said that ‘I would be cautious’ and the market tanked. The market was technically over stretched and so a reaction was due and it came in. Technically the market has given a sell signal and now if the market breaches 9520 then we should see a level of 9332.
The support for the Sensex is 9332 and the resistance to the up move is at 9900.
Nifty (2978): The support for the Nifty is at 2900 and the resistance to the up move is at 3050.