Market Review for 26th June 2009

BSE Sensex: (14346) we said ‘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 market unfolded choppy as expected and the market so far has not been able to sustain…now just one down move could spoil the market and we have no idea if we will get one as the market still looks directionless…
The support for the Sensex is 14235 and the resistance to the up move is at 14621-14809-14995
Nifty: (4242) the support for the Nifty is at 4225 and the resistance to the up move is at 4353-4418-4483