BSE Sensex: (15411) the market has traded sideways with no sign of any direction…technically the trend is still intact Up but the market is also against a strong zone of resistance…looks like more of a sideways movement with profit booking coming in… The support for the Sensex is 1…
Posted on: June 7th 2009 in Market Outlook.
BSE Sensex: (15104) the market has closed positive as expected and it still looks up but reactions cannot be ruled out…so caution is the order of the day. The support for the Sensex is 15050-14800 and the resistance to the up move is at 15520 Nifty: (4587) the support for the Nifty is…
Posted on: May 26th 2009 in Market Outlook.
BSE Sensex: (13589) we said ‘Our analysis remains the same…the market is said to be UP as long as 13611 holds…but volatility cannot be ruled out’ the market cracked the 13611 market and cracked but managing to stay above 13480…13480 is a very crucial support and if that goes now…
Posted on: May 3rd 2009 in Market Outlook.
We said ‘Technically the trend is still intact up and the next technical target in the days to come still is 11695, we may see some hiccups as the market is in a stretched territory and also in an F&O expiry plus we also have a long weekend ahead of the election’ …
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