KSAlgoTrader

Sensex in trouble till H2FY19

Short
BSE:SENSEX   S&P BSE Sensex Index
From 2005, we can see roughly 200 week cycles . As can be seen from charts it has clearly made a top and on its way down . Fibonnaci channels for 5 year and 10 year indicate first 32500 will get broken and then 30700. It should find support at 28000-29000 levels.

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