the psychological level of 16000 and 4800, respectively, for the first time since February 2010. After a heavy correction market closed in negative terrain, Sensex closed at 16022, down 447 points, and Nifty at 4806, down 137 points from the previous close.
The US market recovered in late trade and the Asian markets are trading higher.
In today's session if Nifty sustain below 4775 level might be touch 4680 level. 4850 and 4890 are major resistance levels in NIFTY. Our View is same to start accumulating good stocks at lower levels.
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