Quotes with Resistance & Support
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Weekly Review for the Week June 15th – 19th 2009

Posted on: June 13th 2009 in Market Outlook.

We said ‘Technically the trend is still intact up and there is still no sign of weakness witnessed on the charts as yet and the market seems to be looking up. The next logical technical target in the days to come is 16046 but as it climbs up the market is setting itself up for a reactio…

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Market Review for 15th June 2009

Posted on: June 13th 2009 in Market Outlook.

BSE Sensex: (15238) 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…analysis still the same… The s…

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Market Review for 12th June 2009

Posted on: June 11th 2009 in Market News.

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…

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Market Review for 11th June 2009

Posted on: June 10th 2009 in Market Outlook.

BSE Sensex: (15467) the market was UP as expected and so far it does give any sign of weakness but the market is close to a very resistance zone and so I have not be surprised if profit booking comes in…caution is the order of the day and crucial support to watch is 15400 The support f…

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Market Review for 10th June 2009

Posted on: June 9th 2009 in Market Outlook.

BSE Sensex: (15127) we said ‘so far it looks down and we may see some support emerging around 14385 levels or around 13846 levels’ but the market bounced back from our higher support of 14551… thus indicating strength in the days to come… The support for the Sensex is 15000 and t…

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Weekly Review for the Week June 8th – 12th 2009

Posted on: June 7th 2009 in Market Outlook.

We said ‘Technically the trend is still intact up and there is no sign of weakness witnessed on the charts as yet but as the market climbs higher it sets itself up for a reaction’ The market unfolded and remained positive during the week. Technically the trend is still intact up and…

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Market Review for 4th June 2009

Posted on: June 3rd 2009 in Market Outlook.

BSE Sensex: (14871) we said ‘as it climbs higher it sets itself UP for a reaction. I would be cautious…it never hurts’ the market unfolded as expected and the market has once again generated an indecisive pattern near zone of resistance…I would expect a big move either up or down …

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Market Review for 2nd June 2009

Posted on: June 1st 2009 in Market Outlook.

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 …

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Market Review for 1st June 2009

Posted on: May 31st 2009 in Market Outlook.

BSE Sensex: (14635) we said ‘so far the trend is still intact up and I would watch the crucial support at 14080 and trade long’ and the market closed positive near its high…technically the trend is still intact up and we may see an assault on the recent high… The support for t…

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Market Review for 29th May 2009

Posted on: May 28th 2009 in Market Outlook.

BSE Sensex: (14296) we said ‘so far the trend is still intact up…volatility is not ruled out on the F&O expiry day’ the market has generated now an indecisive pattern on the last day of the F&O expiry but so far the trend is still intact up and I would watch the crucial su…

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