MARKET AT THE CLOSING. >>Thursday, January 21, 2010

As expected, the market lost ground today and declined to 17052 sensex level, it is a support zone but as it has lost previous up move by nearly 60% it looks weak. From 21st Dec , market was rising from level 16577 and today at 21st Jan, it is at 17050 level !! Of , 11th Jan was peak 17777. It may reach 16577 and take support or take support from this level too. Keep watching. Stay away from sensex stocks at this point but enter in to other real strong stocks, be stock specific.