Market Review for 10th August 2009


BSE Sensex: (15160) we said ‘technically the market has generated a weak bar and the market should be down” the market unfolded as expected and cracked…technically there is no sign of strength and if we get any bounce I would like to view that bounce as a dead cat bounce…

The support for the Sensex is 14940 and the logical technical target is at 15480

Nifty: (4481) the support for the Nifty is at 4421 and logical technical target at 4450
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