Market Review for 15th May 2009
BSE Sensex: (11873) the market has not made a new high and neither has the market made a new low and has stayed range bound through out the trading session and the trading session of the day has not displayed weakness as yet so there is a good possibility that we might see an up day…but we need to watch 11695 and if that goes then we could see a prolonged down move.
The support for the Sensex is 11500 and the resistance to the up move is at 12272-12569-12857
Nifty: (3593) the support for the Nifty is at 3535 and the resistance to the up move is at 3800
source: Prakash gaba
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