The markets continued its downtrend for the fifth straight on the day of fears of FII pull-out. The Sensex, on Monday, tested the weekly S1- at 20,453-odd levels.
Going ahead, only in case, the Sensex is able to sustain above 20,453, we may witness a bounce back in the short-term.
However, in case, the Sensex is not able to sustain above 20,453, the BSE index may test the weekly S2 and S3 levels at 20,385 and 20,320, respectively.
In case of a pull-back, the Sensex is likely to bounce back to 20,850-odd levels.
Click Here for the full update.
Going ahead, only in case, the Sensex is able to sustain above 20,453, we may witness a bounce back in the short-term.
However, in case, the Sensex is not able to sustain above 20,453, the BSE index may test the weekly S2 and S3 levels at 20,385 and 20,320, respectively.
In case of a pull-back, the Sensex is likely to bounce back to 20,850-odd levels.
Click Here for the full update.
No comments:
Post a Comment