Published on Tue, Jun 30, 2009 at 08:26 | Source : Moneycontrol.com
Updated at Tue, Jun 30, 2009 at 08:28
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Sensex has resistance at 14809-14995: Gaba
The support for the Sensex is 14685-14570 and the resistance to the up move is at 14809-14995. The support for the Nifty is at 4300 and the resistance to the up move is at 4418-4483.
BSE Sensex (14785): We said 'the market is likely to be UP right until the budget' but we saw some profit booking towards the end and so the crucial level that has emerged is now at 14570. I would like to continue to maintain that the market is UP as long as supports at 14570 holds, incidentally the market saw the high near our strong resistance of 14995.
The support for the Sensex is 14685-14570 and the resistance to the up move is at 14809-14995.
Nifty (4390): The support for the Nifty is at 4300 and the resistance to the up move is at 4418-4483.
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