S&P BSE SENSEX

Always Chart Speaks a lot.. Sensex formed nice double top with -ve divergence on RSI & started its downmove.. It has already broken imp supp lvl arnd 31500, similar to nifty lvl of 9700 supp.. Now will sensex reverse & mark as false breakdown or nifty will follow sensex to break 9700 & head to 9500 lvls (Sensex 30750-800).. Interesting moves ahead... my bet is ...

Sensex made a Top Today n crashed Nifty moving in lower band of Channel can break it. Vix in NR. All charts are mentioned Just for a view!!! Not a Trade recommendation

My last post disappointed many shorters but this time it may not. momentum divergence also support my count.SENSEX making DOUBLE TOP wait for confirmation,/// breaching the bullish trend line/// and setup your shorts,for quick money in options .better buy july puts if any doubt, clarification i am ready

Target 29456 Stoploss Daily Close Above 30250

Here, I have analysed the chart of Sensex, where we see a few things : Firstly, a double top is forming very soon ( the white line ) Secondly, the yellow trendline has been very well respected till now. I have drawn vertical lines to illustrate that. You can very well see that price has reacted very well and except for few false piercings, it ...

Watch red dark support trendline for sensex. if that breaks there is some correction down possible. i think correction is near after some days.

SENSEX reached c4 position which is below c1 trough(27488). good time to short the market.the target levels also clearly mentioned.Forecasting target is very simple in ELLIOTT wave.c5 may be any of the fibenocci number(0.382,0.5,0.618,0.786,and1.0)

gap up and strong up trend to begin

short a bearish engulfing pattern is visible and below 8 ema and target till support

short it bearish engulfing pattern there and below 8 ema and target till the support

and dark cloud cover

* Horizontal trendline support * Rising trendline support * -DI losing its momentum