Market Review for 12th October 2009

BSE Sensex: (16643) we were expecting a big move either up or down and the market cracked but the market has managed to stay above the crucial 4900 mark and I would say that technically 4900 is a very strong support to deal with though the market looks down…

The crucial support for the Sensex is 16500 and the resistance is at 17000-17249

Nifty: (4945) the crucial support for the Nifty is at 4900-4824 and resistance is at 5069-5154

Labels: Market Review

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