Index Levels
BSE Sensex 15882.64
Major Support 15822 – 15789 – 15640
Major Resistance 16004 – 16049 – 16133
NSE Nifty 4749.65
Major Support 4728 – 4720 – 4675
Major Resistance 4782 – 4800 – 4839
View
The markets traded sideways and indecisive as the global markets had nothing to stimulate and so did the domestic cues. Horrible volumes less than 50% of the normal traded volumes on the Indian bourses. People have money but the policy paralysis is taking a toll on the markets. Businessmen have forgotten that businesses are done with passion and not with egos. Come on the world is big and why make it small. I am personally fed up of the situation. Hope god gives brains to all. Sensex has a support @ 15822 and Nifty has it @ 4728 levels. On the higher side the resistance comes in @ 16004 for the Sensex and 4782 for the Nifty. With spinning top formations these levels will play an important role for the day. Hold a low profile.
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