Market Review for 4th May 2009 : Prakash Gaba

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Market Review for 4th May 2009 : Prakash Gaba

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

BSE Sensex: (11403) the market has managed to close positive on the last day of the F&O series trapping the shorts…so far the market in the higher time frame looks to be in consolidation but in the lower time frame it is looking for direction and so I would view the market as UP as long as the crucial supports at 11200 holds…

The support for the Sensex is 11200 and the resistance to the up move is at 11640

Nifty: (3474) the support for the Nifty is at 3400 and the resistance to the up move is at 3735

source: Prakash Gaba

Tags: intraday tips, market next day, market on monday, market outlook, nse bse stock tips, tomorrow market

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

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