Market Review for 6th October 2009

BSE Sensex: (16866) we said ‘the market has nearly achieved our targets and so I would not be surprised if the market reacts’ and the market reacted as expected with profit booking coming in…the market has closed above the psychological 5000 mark and if the market cracks the 5000 mark in the next trading session ten we could see some more profit booking until 4900 levels…



The crucial support for the Sensex is 16802-16500 and the resistance is at 17249



Nifty: (5003) the crucial support for the Nifty is at 5000-4900 and resistance is at 5154
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