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Support for Sensex at 14170: Gaba
Published on Fri, Jul 17, 2009 at 08:32  |  Updated at Fri, Jul 17, 2009 at 08:34  |  Source : Moneycontrol.com

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.

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