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Prakash Gaba
 Type : Equity | Source: | 28 Apr 2017
Prakash Gaba's daily equity newsletter provides an overview of the Indian Markets. Read more for technical calls on Nifty with resistance and support zones.

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Market Review for 28 April 2017

Nifty (9342) we said 'technically the trend is still intact up and the logical target is 9414 as long as 9300 holds... volatility on the F&O expiry day is not ruled out' the Nifty unfolded volatile as expected and climbed up towards 9414 and profit booking brought the Nifty to close flat for the day... technically the trend is still intact up as long as our crucial support of 9300 holds... logical technical target is still is 9414.

The crucial support for the Nifty is at 9300 and the resistance is at 9414.

DISCLAIMER: The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip.

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