Tuesday, December 2, 2008

Market Review for 3rd December 2008

(My Original Blog Post: http://www.onlineequitycalls.com/2008/12/market-review-for-3rd-december-2008/)
BSE Sensex: (8739) the market opened with a bear gap and moved up but yet closing in the negative. It was the short covering that drove the market up. A positive open is not ruled out.

The support for the Sensex is 8500 and the resistance to the up move is at 8898-8998

Nifty: (2658) the support for the Nifty is at 2650 and the resistance to the up move is at 2860-3113

Source : PrakashGaba

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