BSE SENSEX(14658): BEFORE RAILWAY AND UNION BUDGET MARKET LOOKS HIGHLY CAUTIOUS AND SO IT REMAINED SIDE WAYS.NOW FOR TODAY DOWN SIDE SUPPORT AT 14630-14500-14355-14000. RESISTANCE TO UP MOVE AT 14800-14950-15106.
The BSE 30-share Sensex rose 13.02 points or 0.09% to 14,658.49.
The S&P CNX Nifty gained 7.95 points or 0.18% to 4,348.85. Nifty July 2009 futures were at 4333.55, at a discount of 15.30 points as compared to the spot closing of 4348.85.
The market breadth, indicating the overall health of the market, was positive. On BSE, 1,452 shares rose as compared with 1,141 that fell. 93 shares remained unchanged. Among the 30-member Sensex pack, 15 fell while rest advanced.
The recommendation given herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned, though all proper care has been taken while presenting the data. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using this information contained herein are solely responsible for their own action. Information given here is obtained from the sources deemed to be reliable, but is not guranteed as to accuracy and completeness. The recommendation made here do not reflect the fundamental validity of the script, but is based on the theory of Technical Analysis.
Investors using this services are advised only to rely on their own judgement while making any kind of investment decision according to their objectives and financial position.We or our clients have or may have holding or buy or sell position in the securities mentioned herein. All investments made in the stock market are subject to market risk.
