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Resistance for Nifty at 8900-9000: Prakash Gaba

The support for the Nifty is at 8800-8750 and the resistance is at 8900-9000, says Technical Analyst, Prakash Gaba.

September 26, 2016 / 08:09 AM IST

Technical Analyst, Prakash Gaba:Nifty (8832): We said ‘technically I would maintain that the trend is still intact up and support exists at 8800-8750 zones’. The Nifty opened in the green and traded lower over the day and closed in the red.Technically we are trading in the fatigue zone with volatility being the order of the day. The crucial support to watch would be 8750 and it is good as long as it hold, will it hold? The support for the Nifty is at 8800-8750 and the resistance is at 8900-9000.

first published: Sep 26, 2016 08:09 am

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