Friday, October 8, 2010

Market Outlook - 08-Oct-2010

Sensex & Nifty have strong support at 20159 & 6073 respectively.
Sensex & Nifty have strong resistance at 20445 & 6166 respectively.

Most of the Sensex scrips are in short term bearish mode. Investors are requested to follow strict stop loss on closing basis.

Market is in bullish mode for Medium as well as for long term mode.

We maintain our bullish view that market will cross all time high before start of 2011.

We can see Sensex @ 24350 by March-2012. Cheers.

- BhagyAmol

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