Market Review for 25th August 2009

BSE Sensex: (15629) we said the ‘though the week has closed in the negative but looks like we should have a positive week ahead of us’ the market unfolded as expected and closed in the positive, we could see some profit booking in the trading session ahead but with an upward bias as the structure is still positive…

The logical target for the Sensex is 15500-15314 and the resistance is at 15783-15904

Nifty: (4643) the logical target for the Nifty is at 4600

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