Market Review for 24th August 2009


BSE Sensex: (15241) we said ‘the day ahead is a Friday and the market has traded range bound the entire week and so Friday should be crucial and so far the bias is Down; the Friday trading has changed the structure for the week, though the week has closed in the negative but looks like we should have a positive week ahead of us…

The strong support for the Sensex is 14915 and the resistance is at 15575-15700-16046

Nifty: (4529) The strong support exists for the Nifty at 4400 and resistance is at 4615-4642-4789
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