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Line Break

Technical Analyst, Prakash Gaba:

BSE Sensex (11952): The market has broken the 12000 support but has not cracked and stayed put. This seems to be more like a consolidation after a 700 point single day rise. A further sideways consolidation is not ruled out and we must not forget that the market has a strong resistance near the 12500 zones.

The support for the Sensex is 11678 and the resistance to the up move is at 12569-12857.

Nifty (3625): The support for the Nifty is at 3600 and the resistance to the up move is at 3735-3820.

Source : MoneyControl

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