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Market Review for 8th September 2008 : Prakash Gaba

September 8th, 2008 by admin | Filed under Market Watch.

BSE Sensex: (14484) we said ‘I would like to watch the crucial support of 14765 and trade long’ the market opened with a bear gap breaking our crucial supports and closed in the negative, the up trend seems to have been compromised but the bar generated is a small ‘star’ capable of giving a bullish gap up move…will it?The support for the Sensex is 14000 and the resistance to the up move is at 14765-15572

NSE Nifty: (4352) the support for the Nifty is at 4200 and the resistances to the up move is at 4420-4620

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