Weekly Market Pulse Feb 17, 2014

Sensex closed at 20366, a fall of 10 points as compared to a fall of 137 points in the previous week. In the weekly chart below, we see that the Indian markets are trending downward, the western markets are trending the same. So Markets are jittery before the significant event i.e. Elections & US tapering which is a major cause of concern. As markets are its support level, so we advise Caution. 

 

weekly sensex chart Feb 17

 

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