Market Review for 16th July 2009

BSE Sensex: (14253) we said ‘now the market should see some upside in the days to come and the market yet again unfolded as expected and closed positive for the day…the market has run up too fast now and so I would be cautious and expect some profit booking…

The support for the Sensex is 14150 and the resistance to the up move is at 14381-14548

Nifty: (4234) the support for the Nifty is at 4200 and the resistance to the up move is at 4255-4315

Labels: Market Review

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