Published on Tue, Nov 10, 2009 at 08:20 | Source : Moneycontrol.com
Updated at Tue, Nov 10, 2009 at 08:22
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Sensex has target of 16667-16860: Gaba
The crucial support for the Sensex is at 16412 and logical technical target at 16667-16860. The crucial support for the Nifty is at 4860 and logical technical targets at 4936-4993.
BSE Sensex (16499): We said 'Now if the market stays up then I would not rule out a reaction, as the market has still not traded in the lower regions, as it should have'. The market gave a reaction but that was more of just a dip and bounces back thereafter indicating brute strength and up move in the days to come.
The crucial support for the Sensex is at 16412 and logical technical target at 16667-16860.
Nifty (4898): The crucial support for the Nifty is at 4860 and logical technical targets at 4936-4993.
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