A day of consolidation: Mohit Gaba

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A day of consolidation: Mohit Gaba


The Nifty traded in a 35 point range the whole session. It was a day of consolidation after yesterdays up move, says Technical Analyst, Mohit Gaba


The Nifty traded in a 35 point range the whole session. It was a day of consolidation after yesterdays up move.

If one is still holding long positions they could move their stop loss higher to 5260, I have closed my longs on the Bank Nifty taking profits off the table. The Nifty is technically still up and the next targets are 5300-5340.

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