Weekly Trend for the Week September 17th - 21st 2007

[sharetipsinfo]

Weekly Trend for the Week September 17th - 21st 2007
BSE Sensex: (15604)
Nifty (4518)
14. 09. 2007

Market is in stretched zone. Technically trend is still intact up but due to overstretched, correction is due. Technically

market to come down now. Its being 2 week market has not shown any significance movement and is trading in sideway zone due

to which there is no trending movement.

Trend is still up but minor correction can’t be ruled out. It will be correction first then again up move and market will

remain volatile throughout.

The crucial support for the Sensex is at 15348 the resistance to the up move at 15868-16222

The crucial support for the Nifty is at 4444 the resistance to the up move at 4646-46700

Right now There are few scripts which are looking quite good from short term prespective. Buy them at declines .

Scripts are:-
PSTL
PENNINLAND


Reagrds

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