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SquareDoubleThird
Oct 7, 2017 5:59 AM

Sensex - Critical to stay above 31800-780 

S&P BSE SENSEX IndexBSE

Description

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!!!
Comments
Parasuram
only bit of correction? i thought it already made lower top lower low... but it must be fake one...
SquareDoubleThird
@Parasuram, Nifty has made exact opposite, Higher High, Higher Low. We need to watch here, crucial for Nifty and Sensex
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