Technical Analyst, Prakash Gaba:

BSE Sensex (14250): We said ‘the market has run up too fast now and so I would be cautious and expect some profit booking’. The market unfolded yet again as expected, indicators wise the market has generated a buy but when I look at the move from the recent lows then it gives an impression that the market should stay put here. I would be cautious.

The support for the Sensex is 14170 and the resistance to the up move is at 14381-14548.

Nifty (4231): The support for the Nifty is at 4200 and the resistance to the up move is at 4255-4315.