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> market review for 19th nov.2009
BSE Sensex: (17051) We said ‘technically the trend is still intact up but we are likely to see some selling near the 5100 mark and so it’s a cautious up’ the market unfolded as expected and profit booking came in…Technically nothing has changed and I would say selling pressure continues on its way up.
The crucial support for the Sensex is at 16900 and logical technical target at 17467
Nifty (5054) the crucial support for the Nifty is at 4990 and logical technical targets at 5166
Disclaimer:-Past performace is not a guarantee of future returns! Above matter is technical analysis based on & conceieved from charts, which are believed to be authentic over long long time. All recommendations posted here are purely for information view. The Author may or may not have any position In the given Recommendations. We are not responsible for your Loss as trading is highly risky. Please Make your own decision and it is a best practice to consult A Financial Consultant Or A Broker.The author won't be liable or responsible for any legal or financial losses made by anybody.
