Technical Overview on Sensex (23rd September '10)
Sensex witnessed some correction from the upper levels and in the end made closing in the red zone. Now the next technical resistance for sensex seems to be in the zone of 20200 to 20250. Decisive closing above this resistance zone may further take it up till the levels of 20400 to 20425 in near run. In the downside the immediate support for sensex seems close to the level of 19790 to 19800. Closing below this support zone may make it slip till the levels of 19635 to 19640 in near run.
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