Market Review for 27th August 2009



BSE Sensex: (15770) we said the ‘the market is now against a stiff resistance and with just 2 days to go for expiry and I expect to be more volatile, the crucial zone to watch would be 15595-15545’ the market manages to stay firm… technically the bar generated for the day is an indecisive bar capable of stalling this up move and so I would be cautious on the F&O expiry day…

The crucial support for the Sensex is 15700-15690 and the resistance is at 15783-15904

Nifty: (4681) the crucial support for the Nifty is at 4660 and resistance is at 4700-4790
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