BSE Sensex: (15035) the market managed to bounce back a bit near our supports of 14731 and closed in the green, the bar generated is not a very strong bullish bar but is capable of creating some hiccups and on the other hand any close below 14785 would confirm the down move…so it is a catch 22 situation with bearish bias.
The logical target for the Sensex is 14731-14234 and the resistance is at 15256-15575
Nifty: (4559) the logical target for the Nifty is at 4325-4247 and resistance is at 4533-4632
Disclaimer:-Past performace is not a guarantee of future returns! Above matter is technical analysis based on & conceieved from charts, which are believed to be authentic over long long time. All recommendations posted here are purely for information view. The Author may or may not have any position In the given Recommendations. We are not responsible for your Loss as trading is highly risky. Please Make your own decision and it is a best practice to consult A Financial Consultant Or A Broker.The author won't be liable or responsible for any legal or financial losses made by anybody.
