Thursday, December 15, 2005

Sensex Down 71 Points

15 Dec 2005

Today the markets gained downward momentum. The Sensex moved in a range for most part of the day, with a gentle downward bias which picked momentum towards the close. The sensex moved to 9120 during the fall of the last two hours before closing around 9170.

The markets might now see some consolidation around their immediate support levels. We have to see what happens tomorrow.

But right now lets get to hunting for some trades from which we might profit in the near term. With the expiry just two weeks away some action is sure to come our way.

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