Market Review for 14th May 2009
BSE Sensex: (12020) the market missed making a new high by just few points and profit booking came in…the point to watch would be 12272 and if that gets taken out then we might see a new high otherwise the market could see some more profit booking. 14th may 2009 is a strong pressure day and if the market makes a new high then it could turn out to be a high day in the short term. Will it?
The support for the Sensex is 11500 and the resistance to the up move is at 12272-12569-12857
Nifty: (3635) the support for the Nifty is at 3600 and the resistance to the up move is at 3800
source: Prakash Gaba
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