(My Original Blog Post: http://www.onlineequitycalls.com/2008/12/market-review-for-16th-december-2008/)
BSE Sensex: (9832) the market managed to inch towards the psychological 10000 mark and felt shy and has closed positive for the day and in the process generated an indecisive bar …technically the trend is still intact up but the market is expected to be volatile and profit near the 10000 mark is not ruled out.
The support for the Sensex is 9750 and the resistance to the up move is at 10000-10324
Nifty: (2981) the support for the Nifty is at 2920 and the resistance to the up move is at 3113
Source : PrakashGaba