Market Review for 21st January 2010

Published on Wednesday, January 20th, 2010 at 10:02 PM
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Author: stockalert (2026 Articles)

stockalert

Nifty (5222) we said ‘we were expecting a sharp decline but the market sustained around the 5200 mark giving hopes that the market could bounce back in the next trading session…5200 is a Make or Break level. Aggressive traders can actually buy Nifty with a stop below 5200 for an up move.

The crucial support on the downside for the Nifty is 5200-5163 and resistance at 5300

BSE Sensex: (17474) the crucial support on the Sensex on the downside is 17312 and resistance at 17620

Source : Prakash Gaba

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