Market Review for 5th December 2008

(My Original Blog Post: http://www.onlineequitycalls.com/2008/12/market-review-for-5th-december-2008/)
BSE Sensex: (9230) it was the undercurrent of crucial support at 8316 that drove the market up with some of the mainline stocks bouncing back…the market just needs to breakout from 9326 levels and then we should see a sustained up move

The support for the Sensex is 8850 and the resistance to the up move is at 9320-9478-9630

Nifty: (2789) the support for the Nifty is at 2750 and the resistance to the up move is at 2860-3113

Source : Prakash Gaba