The sensex and nifty are still in intermediate downtrend.The downtrend started on 13th August 2008 The levels to be crossed for a new int. uptrend are 14,673 for sensex and 4,399 for the Nifty.
Sensex closing on Friday(29.8.2008) was 14,564.53.
NSE Nifty closing on Friday was 4360.00
Longterm trend down.
the market's long-term trend will turn up if the sensex closes bavoe its last intermediate top of 15,580 made on 13th August 2008.
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