Market Review for 15th October 2009

BSE Sensex: (17231) we said ‘technically the trend is still intact up and we may see some more upside in the days to come and hopefully our target of 5154 on the Nifty has a good chance of being achieved’ the market has achieved its target on the Sensex front and is very close to its target on Nifty… technically the trend is still intact up and the targets beyond 17249 is 17356-17439

The crucial support for the Sensex is 17000 and the resistance is at 17249-17356-17439

Nifty: (5118) the crucial support for the Nifty is at 5050 and resistance is at 5154-5183-5219
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