Tuesday, June 9, 2009

SENSEX CHART

LOOK AT CHART AND COMMENTS ON IT.
WATCH RELIANCE IND TOMORROW. IT CAN GIVE DIRECTION TO MARKET.

market bounces

after correcting from 15257 made on friday we have gone dn to 14526 in today mrng. looking at retracement lvls,50%/61.8%/78.6% lvls are 14892/14977and 15100. watch this lvls. failure to cross these lvls we can see lower lvls.shorters can keep stop loss of 15100.

as mentioned yesterday IT shares are showing strength today also.