SSE Daily: Extremely bearish

Market has been falling down sharply since 4th Aug, 2009. Overall technical landscape is in bearish mode without any sign of recovery. As for now, immediate support is pegged at 2720-2700 followed by 2668-2635 (gap left over since 1/6/2009). To the upside, resistance is stood at 3020-3039 (gap left over on 17/8/2009).