Sensex has breached a short term trendline
around 31800-780 on 6th
Oct and it is critical to stay above this trendline
in coming days for any upmove. There is also a minor resistance level
near 32000 levels. A breach of 32000 levels and closing above it would ensure new highs. If Sensex is not able to sustain here then we may experience a bit of correction/consolidation to cool off indicators.
Interesting Times Ahead!!!