Business Standard

Pre-market: Sensex on firm ground

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Our Web Bureau Mumbai
The Sensex is likely to open on a positive note backed by strong Asian markets and significant gains by the Indian ADRs.

With a strong close above 13,530, the index now looks set to rally towards its next target of 14,060, in between it may counter some resistance around the 13,760-mark.

Bulls are likely to have the upper-hand as long as the index stays above the 13,500-mark.

The index is likely to face resistance around 13,690-13,715-13,740 levels, while on the downside the index may find support around 13,540-13,520-13,495 levels.

 

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First Published: Nov 22 2006 | 9:16 AM IST

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