Market’s close on 8-JUL-09 is SENSEX 13769.15 and NIFTY 4078.9.
Looking at chart nifty have broken major support of 4096 in closing and sensex has broken 13824 levels. Today is very important for market. If and only if markets close these levels that is nifty over 4096 and sensex over 13824 up move likely other wise sensex can go down upto 13312 levels and nifty has weak support at 3968 break of this level nifty go down to 3840 points. So todays’s close is very important to determine direction of market. There is strong bearish hold on market. World markets also are negative.
No comments:
Post a Comment