Market Review for 22nd May 2009
BSE Sensex: (13736) we said ‘I would still be cautious as profit booking is expected at these levels as market has given an unusual bonanza’ and the market unfolded as expected losing over 300 points…there is a possibility of some more profit booking but a violent up move cannot be ruled out…
The support for the Sensex is 13450 and the resistance to the up move is at 14325-14452-16046
Nifty: (4211) the support for the Nifty is at 4150 and the resistance to the up move is at 4350-4650-4775
source: Prakash Gaba
Tags: daily stocks calls, hot stocks, intraday tips, nifty, prakash gaba
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