Wednesday, September 2, 2009

SSE Daily: Still bearish


Overall technical landscape remains in bearish environment. Hence, market may continue to move lower in near term with immediate downside support is pegged at 2639-2635 (unfilled gap left over since 1/6/2009) followed by 2538 levels. While, upside resistance is stood at 2817-2843 (gap left over on 31/8/2009).