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Moneycontrol.com >> Message Board >> View Messages >> Market Outlook - Short Term
   You are here :     Moneycontrol     MMB    Market View      Market Outlook - Short Term                         Most active discussions of 2006 , 2007 & 2008
Now sensex faces resistance at 18000.... (21)   07-Feb-08 21:50Tracked by (4)  
Posted by:   marketman on ( 07-Feb-08 21:50 )
The sensex is expected to face strong resistance at around 18000.... people are preffering to take propfits in present mood.... investor sentiment and technicals are still poor.... even fundamentals of near term do not look great to cross 18000 mark convincingly.... temporary relief announcements by FED chairman/Governor reddy/FM pc will be utilised by many investors to exit from under performers and high valued counters....
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