Market Review for 25th June 2009

BSE Sensex: (14423) we said ‘technically the market is still weak and we might see some more short covering coming due to the F&O expiry coming in on Thursday’ and what we witnessed was pure short covering and the market closed positive…we now have a F&O expiry day and trading is likely to be choppy but if the market sustains then we are likely to see a good trending move right until the budget…

The support for the Sensex is 14235 and the resistance to the up move is at 14621-14809-14995

Nifty: (4293) the support for the Nifty is at 4225 and the resistance to the up move is at 4353-4418-4483

Labels: Market Review

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