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Quotes with Resistance & Support

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Market Review for 8th May 2009 : Prakash Gaba

Posted on: May 7th 2009 in Market Outlook.

BSE Sensex: (12117) we said the market is in consolidation and the days trading confirmed that the market is in a consolidation and as assault a fresh up move has generated on technical front, which should take the market up to its next logical …

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Market Review for 7th May 2009

Posted on: May 6th 2009 in Market Outlook.

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 …

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Market Review for 4th May 2009 : Prakash Gaba

Posted on: May 3rd 2009 in 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…

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Market Review for 27th April 2009 | Prakash Gaba

Posted on: April 26th 2009 in Market Outlook.

BSE Sensex: (11239) like I said ‘the shorts must have bailed out and more will bail out in the days to come and market should head up in the days to come’ the market unfolded as expected and looks like the market should be …

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Market Review for 16th April 2009

Posted on: April 15th 2009 in Market Outlook.

BSE Sensex: (11285) the market has closed positive in a stretched zone but the market has given a fresh breakout in a stretched territory indicating brute strength and so we may see the market heading towards the next logical technical target of 11638 levels but we must also not forget a…

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