Market Review for 2nd June 2009
BSE Sensex: (14841) we said ‘technically the trend is still intact up and we may see an assault on the recent high’ the market came very close to the recent high on the Sensex but it certainly did make a new high on the Nifty front…technically the trend is still intact up but as it climbs higher it sets itself up for a reaction…
The support for the Sensex is 14650 and the resistance to the up move is at 15150-15580
Nifty: (4530) the support for the Nifty is at 4500 and the resistance to the up move is at 4560-4789
source: Prakash Gaba
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