Tuesday, August 25, 2009

PAUSE BEFORE BIG MOVE

With strong upmove and market breadth, market likely to take a pause here. Gap up zone of sensex 15362-15268 should hold for upmove. Today's pivot is NF 4630- 4637 with resistance around 4673-4695; support around 4609-4585. Nifty holding this area since last three months.... is it consolidation or distribution need to be watched??