Friday, August 20, 2010

BSE-Sensex Technical Vew - 23 August 2010

Sensex today ended at 18400 level loosing 53 points It may face the next resistance close to the levels of 18800 to 18850. Decisive closing above this resistance zone may take it up till the levels of 19170 to 19200 in near run. Sensex made a strong come back from the lower levels as we already mention in our previous reports. Now the short term support for Sensex seems close to the levels of 16950 to 17050


Kalpeshmaniar said...

Sensex bounced exactly from the level of 16990, I had mentioned that sensex could hit 16969, sensex bounced exactly from 16990.

August will be volatile month and will see turbulent markets, the present correction would end in September, when markets take off in a big way.

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Posted By Commodity MCX Tips