Market Review for 17th September 2009

BSE Sensex: (16677) we said ‘I am usually cautious for a reaction when the market achieves our target like a dot but the market is technically still up and is tiring to gather strength to hit the 5000 mark and create history and traders need to be cautious near the psychological 5000 mark also’ the market misses the 5000 mark by just 50 points…the 5000 mark is so near and yet so far…market still looks up…

The crucial support for the Sensex is 16120 and the resistance is at 17071

Nifty: (4958) the crucial support for the Nifty is at 4900 and resistance is at 5014-5155

Labels: Market Review

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