Market Review for 7th September 2009

BSE Sensex: (15689) we said ‘technically the bar generated for the day is still a weak bar with a loss of momentum’ and this loss of momentum finally turned around the market to close in the green and in the process establishing 15356 as a crucial support to deal with and the market should be considered as up as long as 15356 holds.


The crucial support for the Sensex is 15356-15321-15153 and the resistance is at 15880-16046

Nifty: (4680) the crucial support for the Nifty is at 4580 and resistance is at 4737-4689
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