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Market Review for 22nd January 2009: Prakash Gaba

This article was posted on Jan 22, 2009 and is filed under Market Outlook

BSE Sensex: (8779) the market has closed in the negative and has closed below a very crucial level of 8945 and shown the direction that it is down and I would like to consider the market as down unless it crosses 9075 on the upside with forceā€¦

The target for the Sensex is 7850 and the resistance to the up move is at 8940-9075

Nifty: (2706) the target for the Nifty is at 2686-2500 and the resistance to the up move is at 2758-2779
source: Prakashgaba

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