Market Outlook: 3rd December, 2012

The market is likely to see some sideways movements for few days and the focus is likely to remain on the action from Indian government steps on new reforms & policies.

With still not much clarity over the possible outcome of the FDI voting in the parliament, the market is likely to feel the heat from the event.

SENSEX has good support at 18990 levels while resistance is developed at 19430 & 19600 levels.

One comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s