Monday, September 25, 2006

SENSEX (12173.91)
RESISTENCE AT 12238



For the last 3 days the sensex is unable to sustain above 12238, this is the level where sensex whacked to the 4 didgit levels in few days. And now its back to the same level. The Sensex is just near the closing the Gap of 12129-12167. Today it made the low of 12145 a just shy of 16 points. As of now the Gap is still there and the next support is at 11915 which is 20DMA and after that we see another Gap of 11723-11671 and then crucial for this rally at 11444.