BSE Sensex reverses lower on profit booking but the loss is too small to be considered a negative technical development. It was a normal reaction after three consecutive days of excellent recovery in the aftermath of Dubai World debt crisis.
15-Day moving average should provide the index necessary support going forward as it did during the uptrend that started in March 2009.
15-Day moving average should provide the index necessary support going forward as it did during the uptrend that started in March 2009.
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