(Click on the Image to view full size)Sensex ended in Red, down by 182 points with decent volume of Rs 4049 cr.
Sensex opened with downside gap due to world markets impact but succeeded to hold important level of 13560 levels. It is trading in channel and still maintained the importance of channel. As per this channel main support lies at 13510 levels which is lower channel lines value. As long as Sensex maintain the channel the bias seems to be positive and 14000 levels could be seen. Failure of this could lead up to 13180 levels.
Important Resistance 1) 13692 2) 13730 3) 13800 4) 13980
Important Support 1) 13560 imp 2) 13510 3) 13480 4) 13460