Market Review for 30th June 2009

BSE Sensex: (14785) we said ‘the market is likely to be UP right until the budget’ but we saw some profit booking towards the end and so the crucial level that has emerged is now at 14570 and I would like to continue to maintain that the market is UP as long as supports at 14570 holds…incidentally the market saw the high near our strong resistance of 14995

The support for the Sensex is 14685-14570 and the resistance to the up move is at 14809-14995

Nifty: (4390) the support for the Nifty is at 4300 and the resistance to the up move is at 4418-4483

Labels: Market Review

Disclaimer:-Past performace is not a guarantee of future returns! Above matter is technical analysis based on & conceieved from charts, which are believed to be authentic over long long time. All recommendations posted here are purely for information view. The Author may or may not have any position In the given Recommendations. We are not responsible for your Loss as trading is highly risky. Please Make your own decision and it is a best practice to consult A Financial Consultant Or A Broker.The author won't be liable or responsible for any legal or financial losses made by anybody.