Market Review for 5th November 2009


BSE Sensex: (15912) we said ‘the market is over sold and a reaction is not ruled out’ the market unfolded as expected and moved up without giving any reactions…technically a 2-3 day up move is not ruled out as long as 15500 holds…

The crucial support for the Sensex is at 15500 and logical technical target at 16156

Nifty (4711) The crucial support for the Nifty is at 4650 and logical technical targets at 4784

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