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Home > > Market Review for 27th October 2009

Market Review for 27th October 2009

BSE Sensex: (16741) we said ‘well the market has managed to stay above 4987 and so I would say the trend is still intact UP’ the market has cracked and closed below 4987 mark thus comprising the up trend but I still think 4900 will hold until F&O expiry and violent up move is still not ruled out to trap the shorts…

The crucial support for the Sensex is 16707-16682-16426 and the resistance is at 17016-17107-17198

Nifty: (4971) the crucial support for the Nifty is at 4947-4900 and resistance is at 5060-5100
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