11 October 2008

SENSEX VERY CLOSE TO BOTTOM



SENSEX and NIFTY seem headed towards the last Fibonassi support levels and the zones for both the indices are given in the charts. The Sensex seems likely to settle around 10,000 with few hundred points +/-. And NIFTY should bottom around 3,000 again 1.5% +/-. The exact support levels are though 9700 for Sensex and 2950 for Nifty.
However if these levels are broken there could be a breakdown and there would be no point keeping any investments in the market.

9 comments:

Anonymous said...

i think you add more info about it.

Anonymous said...

what happened to the other one?

Anonymous said...

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Anonymous said...

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Anonymous said...

help me.

Anonymous said...

haha.

Anonymous said...

its good to know about it? where did you get that information?

Anonymous said...

help me.

Anonymous said...

very clever.