Market Review for 25th March 2009

Quotes with Resistance & Support

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Market Review for 25th March 2009

This article was posted on Mar 24, 2009 and is filed under Market Outlook

BSE Sensex: (9471) we said ‘we need to be cautious about market opening with a bull gap and profit booking coming in’ and that’s what happened. The market could not sustain a gap up open and profit booking came in… this is know as a typical market fatigue after a sustained up move, the market has now thrown in an indecisive pattern in resistance zone which could be translated as limited up move if there is any.

The support for the Sensex is 9070 and the resistance to the up move is at 9650-9700

Nifty: (2939) the support for the Nifty is at 2835 and the resistance to the up move is at 3142

source: Prakash Gaba

Tags: calls, daytrading, free calls, intraday, tips

Note: The Credit of this post goes to the original witters of this post and not to NSEGUIDE

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