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vinaysraj

BSE:SENSEX is at ATH but rejected by a 15 month old trendline

S&P BSE Sensex Index (BSE:SENSEX)  
vinaysraj Updated   
BSE:SENSEX   S&P BSE Sensex Index
Trend Analysis Support and Resistance Trend Lines sensex indiastocks ATH alltimehigh trendlinerejection
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trendanalysis supportandresistance trendline sensex indiastocks ath alltimehigh trendlinerejection
SENSEX has recorded a All Time High today(26-Nov-19) but it was rejected by a trendline that extends from August 2018 till today. If this trendline is broken on a daily closing basis then I am expecting SENSEX to continue to the upside.
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Trend line rejected the price again ahead of India's GDP data which came at 4.5% growth after market hours.
Ideas for educational purposes only.
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