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Support for Sensex at 12715-12600: Gaba
Published on Mon, Jul 13, 2009 at 08:20  |  Updated at Mon, Jul 13, 2009 at 08:22  |  Source : Moneycontrol.com

Technical Analyst, Prakash Gaba:

BSE Sensex (13504): We said ‘The market is still looking weak but a reaction is not ruled out and that would be more of profit booking than actually buying. Trading is likely to be difficult in the days to come and that is how the market unfolded as expected. The market is weak whether we accept it or not.


The support for the Sensex is 12715-12600 and the resistance to the up move is at 13645.

Nifty (4004): The support for the Nifty is at 3870 and the resistance to the up move is at 4040.

 

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