Tuesday, November 16, 2010

MARKET

after making top of 20855 we saw correction up to 19769 and started moving up again and made new top at 21109.

19700/19800 has been a strong sup in sep and oct month.after making top at 21109 and making a new closing all time high 

market is correcting. watch 19700/19800 zone. break of same may bring more pain. next strong support zone may come at 

apprx 19200 on trend line connecting prev bottoms of 15960  and 17820.cross over of 20500 may give first indication of end of 

ongoing correction.

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