Thursday, November 15, 2007

The Sensex ended the day at 19,761 (provisional), down 167 points from the previous close. Nifty closed at 5902 (provisional), down 35 points.

The Nifty needs to go and stay at 6000 for sometime, to move further up to 6500, says Ashwani Gujral, technical analyst, on CNBC-TV18. On the downside, it has good support at 5500, he adds. A good amount of profit booking might come in at these levels, so 6000 seems to be a resistance for the Nifty, he says.

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