(My Original Blog Post: http://www.onlineequitycalls.com/2008/12/market-review-for-2nd-december-2008/)
BSE Sensex: (8840) the market opened above 9236 but could not sustain above and has shed all its gain and closing in the negative. We could now see some volatility but the market could come down.
The support for the Sensex is 8700-8612-8532 and the resistance to the up move is at 9192
Nifty: (2683) the support for the Nifty is at 2650 and the resistance to the up move is at 2860-3113
Source : PrakashGaba