Market Review for 29th April 2009
BSE Sensex: (11002) we said ‘so far it looks up but as a trader I would like to bail out at the first sign of weakness because we have an F&O expiry too’ and the market weakened and the bailout was the option that was available…so far it looks down and we should see more downside on the last day of the F&O series coupled with volatility
The support for the Sensex is 10739-10506 and the resistance to the up move is at 11200
Nifty: (3362) the support for the Nifty is at 3302-3238 and the resistance to the up move is at 3440
source: Prakash Gaba
Tags: intraday calls, intraday tips, market outlook, prakash gaba
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