Market Review for 4th June 2009



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 but I would remain cautious…

The support for the Sensex is 14650 and the resistance to the up move is at 15150-15580

Nifty: (4531) the support for the Nifty is at 4500 and the resistance to the up move is at 4560-4789
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