Market Review for 27th May 2009
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 then the next support is closer to 13000-12270.
The support for the Sensex is 13278-12889 and the resistance to the up move is at 13820
Nifty: (4117) the support for the Nifty is at 4022-3907 and the resistance to the up move is at 4205
source: Prakash gaba
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