The Sensex soared over 9 per cent in the last four weeks to record a fresh three-year high around 21,039.
Given the sharp rally, profit taking at higher levels can be expected. The overall bias is likely to remain positive as long as the BSE index sustains above 20,350.
On the upside, the Sensex needs to cross 21,050-odd levels for fresh gains.
Next week is likely to be action-packed, with RBI policy and derivatives expiry scheduled on October 31.
Click Here for the complete analysis.
Given the sharp rally, profit taking at higher levels can be expected. The overall bias is likely to remain positive as long as the BSE index sustains above 20,350.
On the upside, the Sensex needs to cross 21,050-odd levels for fresh gains.
Next week is likely to be action-packed, with RBI policy and derivatives expiry scheduled on October 31.
Click Here for the complete analysis.
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