Market last week break some resistance level like NIFTY 6000 and Sensex 20,000.
Even market on friday Close above this level.But market Now made another resistance level now at 20500 Sensex.
Market make one more Dip now to get power to cross next Break point level of sensex 20500.
Last time when market made high of 20238 , market came back to near 18,000 level.Market Made a dark cloud level again at 20,500 High level.So market return back.It may again trace something like that.May go in 19,000 range at this time.
This week decide lot of things , if market will not achieve 20500 sensex this week then ready for 18000-19000 slot of sensex in short term.
Even market on friday Close above this level.But market Now made another resistance level now at 20500 Sensex.
Market make one more Dip now to get power to cross next Break point level of sensex 20500.
Last time when market made high of 20238 , market came back to near 18,000 level.Market Made a dark cloud level again at 20,500 High level.So market return back.It may again trace something like that.May go in 19,000 range at this time.
This week decide lot of things , if market will not achieve 20500 sensex this week then ready for 18000-19000 slot of sensex in short term.
So this week just wait and see market movement , Fresh buying will be good only after 20, 500.
Just Hold your Portfolio .
Near 19,000 Sensex is a good buying range.
Suggestions : Book profit above 19,500 level and again buy after 20,500.
Nifty Traders :
Nifty may take a dip on monday but you will see recovery in a day only.But Monday onward you may see some postive closing of nifty days in week.
December is a week of FII holidays and vacations.So We cant able to see some great number .But market may be positive from domestic players .
Crucial : This week is crucial if not able to make new high then ready to see 18,000-19,000 sensex level again in december.
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