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Home > > Market Review for 8th October 2009

Market Review for 8th October 2009

BSE Sensex: (16806) we said ‘now looks like we may see some volatility and if the market goes up then there exists a strong resistance at 17079’ the market unfolded volatile as expected and found its resistance and closed below the 5000 mark again but the important thing to remember is that as that the market is up as long as 4900 holds and any close below the 4900 mark by the end of Friday evening will be bearish for the market in the coming days…

The crucial support for the Sensex is 16500 and the resistance is at 17072-17249

Nifty: (4986) the crucial support for the Nifty is at 4900-4824 and resistance is at 5069-5154
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