Market Review for 25th February 2009
BSE Sensex: (8843) we had our supports at 8631 and the market bounced from 8619 and has closed flat thus giving away its sideways structure as expected. We now into F&O expiry in just 2 days and so more sideways action and some short covering is not ruled out…downside seems limited and so the only option is perhaps UP…
The support for the Sensex is 8630 and the resistance to the up move is at 9030-9157
Nifty: (2736) the support for the Nifty is at 2685 and the resistance to the up move is at 2789-2824
source: PrakashGaba
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