 |
| Sensex dialy chart (click to zoom) |
Sensex today broke its important support of 19065 and closed at 18860. The sell off was triggered by monthly inflation data for december 2010 which was out today. Worst inflation data and high WPI draged the index lower. Now we do not see any more correction as market has corrected by over 1500 points, technical bounce back is expected, but we are aslo cautious because the most important support 19065 from where market bounced back thrice in past has been breached.
lets see
