Market Review for 17th December 2008: Gaba

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Market Review for 17th December 2008: Gaba

This article was posted on Dec 16, 2008 and is filed under Market Outlook

Prakash Gaba: BSE Sensex(9977) the market unfolded volatile as expected and finally managed to the touch the 10000 mark in the later part of the trading session and looks like our logical technical target of 10324 is within reach.

The support for the Sensex is.. 9800 and the resistance to the up move is at 10324

Nifty: (3042) the support for the Nifty is at 3000 and the resistance to the up move is at 3113
BSE Sensex: (9832) the market managed to inch towards the psychological 10000 mark and felt shy and has closed positive for the day and in the process generated an indecisive bar …technically the trend is still intact up but the market is expected to be volatile and profit near the 10000 mark is not ruled out.

The support for the Sensex is 9750 and the resistance to the up move is at 10000-10324

Nifty: (2981) the support for the Nifty is at 2920 and the resistance to the up move is at 3113

source: Prakashgaba

Tags: calls, daytrading, free calls, intraday, tips

Note: The Credit of this post goes to the original witters of this post and not to NSEGUIDE

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