Market Review for 7th May 2009
BSE Sensex: (11952) the market has broken the 12000 support but has not cracked and stayed put…this seems to be more like a consolidation after a 700 point single day rise…a further sideways consolidation is not ruled out and we must not forget that the market has a strong resistance near the 12500 zones…
The support for the Sensex is 11678 and the resistance to the up move is at 12569-12857
Nifty: (3625) the support for the Nifty is at 3600 and the resistance to the up move is at 3735-3820
source: Prakash Gaba
Tags: bse tips, intraday calls, intraday tips, market outlook, market trend, nse market outlook, prakash gaba, tomorrow market
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