Market Review for 21st July 2009



BSE Sensex: (15191) we needed a breakout and the market provided that right at the word go as the market opened with a bull gap and continued its journey up, the momentum seems to be up and we are once again trading near the recent high of 15600 and I would not be surprised if profit booking comes in around these levels…but so far it looks up…



The support for the Sensex is 15000 and the resistance to the up move is at 15300-15600-16046

Nifty: (4502) the support for the Nifty is at 4400 and the resistance to the up move is at 4615-4700-4789

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