Market Review for 12th May 2009
BSE Sensex: (11683) technically the trend was Up and that up trend that we have witnessed so far now seems to have been compromised and looks like some reaction should set in and if I see any up moves then I would like to doubt that up move because some of the Sensex heavy weight stocks seems to be weakening…
The support for the Sensex is 11500-11354 and the resistance to the up move is at 11900
Nifty: (3554) the support for the Nifty is at 3500 and the resistance to the up move is at 3600
source: Prakash Gaba
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