Market Review for 20th July 2009

BSE Sensex: (14745) well the bug signal generated on indicators front gave an impulse move and the market has closed positive for the day…the market is still in buy mode but interestingly has closed against a strong resistance, now the market require a breakout if has to sustain its up move…

The support for the Sensex is 14340 and the resistance to the up move is at 15300



Nifty: (4375) the support for the Nifty is at 4265 and the resistance to the up move is at 4615
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