Market Review for 25th September 2009
BSE Sensex: (16781) we said ‘we now have an F&O expiry and once again volatility is not ruled out’ the market traded in the negative near the 4900 mark and finally crossing in the green. Indicating that 4900 is a strong support to deal with. Technically the trend is still intact up as long 4900 holds… target s in the near term is 5155
The crucial support for the Sensex is 16435 and the resistance is at 16815-17071
Nifty: (4987) the crucial support for the Nifty is at 4930 and resistance is at 5020-5155