| Wkly Tech Analysis: Markets in a buying mode |
| Rex Cano / Mumbai May 13, 2007 |
| Despite no negative surprises from the two big events viz the Fed meet and the UP Assembly elections results, markets slipped amid high volatility. |
| However, on the positive side, the markets witnessed rejuvenated buying interest at every dip. |
| Last week we had mentioned that 13,800-level for the Sensex would be vital. It may be noted that the index closed around this very level for the last four trading days as bulls and bears remained face-to- face. |
| The Sensex, from a high of 14,067, dropped to a low of 13,554 |
