Market Review for 4th February 2009: Prakash Gaba

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Market Review for 4th February 2009: Prakash Gaba

This article was posted on Feb 3, 2009 and is filed under Market Outlook

BSE Sensex: (9160) we said ‘Trading is always difficult in a range bound market. Caution is the order of the day’ the market saw the low at 9040 very close to our supports and structurally it gives an impression that the market could be up as long as 9035 holds and so 9035 is Make or Break level.

The support for the Sensex is 9034-8940-8868 and the resistance to the up move is at 9389

Nifty: (2767) the support for the Nifty is at 2705 and the resistance to the up move is at 2820

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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