S&P BSE Sensex Index
Short

SENSEX Recession Chart Bear Market Layout - Elliot Wave

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SENSEX Recession Chart Bear Market Layout - Elliot Wave

Corona Virus has affected us and Economy a lot which I think will surely lead to a Recession,
As in 2008 recession, Market had 63 % decline from ATH which lead to housing market crash.
I think the same will happen again for next 2 years. Good buying level to enter the market for long term is around 21000 level as shown in chart.
also 33000 level is also good to enter short or exit market.

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