Thursday, December 10, 2009

Sensex Outlook for 10-12-2009

There is no change in the near term outlook since yeterday.The Sensex now needs to sustain above 17150 to lend greater credence to the bounceback from 16940 odd levels. As long as the Sensex is trading above 17150, we are on track towards a new 2009 high. Expect some resistance between 17290-17325.
 
Remain invested with a closing stop loss below 17000.
 
 
--
Raghav @ Raghav's Picks
raghav@raghavs-picks.com

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