Market Review for 19th May 2009
BSE Sensex: (14243) we said a ‘2 day breakout is not ruled out’ and we got a beautiful technical breakout from a good consolidation, we are likely to yet again see a sustained up move…. possibly until 21st May 2009, which happens to be as pressure day one more day.
The support for the Sensex is 13500 and the resistance to the up move is at 14452-16046
Nifty: (4323) the support for the Nifty is at 4000 and the resistance to the up move is at 4305-4650-4775
source: Prakash Gaba
Tags: bse technicals, bse view, bseindia tips, hot calls, market outlook, nifty tips, nseindia calls, share market, share market outlook, stock market
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