LOWEST FROM PEAK
Monday, September 29, 2008
As a result of the last week's movement and closing, the Sensex gave a lowest weekly close of the entire fall from the peak of 21206 till date. The Sensex on the weekly chart also formed an Engulfing Bear candlestick pattern. STRATEGY FOR THIS WEEK: Support will be at 12822-12558-12316. Resistance will be at 13459-13864-14221.
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