Positive close seen to 2007 on bourses (The Economic Times 31st Dec 2007) Indian equities are seen closing on a positive note on the last day of the year, despite mixed cues from overseas. The indices are seen opening higher tracking Asian peers, but volumes are seen low on account of New Year’s Eve. “The Sensex has an immediate support around 19700-19800 and buying will emerge from those levels. We see the Sensex hitting 21000-21250 by next month” said Sandeep Wagle, chief technical analyst with Angel Broking. More
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