BSE Sensex 18227.35 -10.96 -0.06%
NIFTY (S&P CNX) 5480.60 -5.55 -0.10%
India VIX 16.35 0.20 1.24%
Fri, Sep 03, 2010 11:12AM IST
India Markets Open.
Link in BSE & Sensex
BSE Sensex Index Chart Pattern - Feb 05, '10
 

Last week, I had mentioned the importance of the 16000 level in the BSE Sensex index chart pattern. For the first four days of the week, the bulls managed to stave off the marauding bears and stoutly defended the 16000 level.

Friday's strong selling by the FIIs, despite equally strong buying by the DIIs, finally broke the support of 16000.

 

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