SENSEX-LTLB ,RSI<40, Support at 32470-80 near 50% retracement SENSEX-LTLB ,RSI<40, Support at 32470-80 near 50% retracement according to dow theory it has formed Lower Top lower bottom formation and breaks RSI Bullish range 80-40 still this ongoing selling can stop or pause around 32470-80 levelby DharmendraGKaallal0
Sensex(33218)-Support Resistance and FIBONACCI levels Sensex(33218)-Support 33150-33100 then 32800 -32650 break of which it can do 32480 which is 50% retracement and 61.8% retracement around 32150 which is pending gape in this current rally by DharmendraGKaallal1
Sensex - Critical to stay above 31800-780Sensex 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!!! by SquareDoubleThird2212
Sensex Down till End of the YearHistory tends to repeat itself. Sensex has broken current channel and going through a big correction . If you have a close look at past .. you can see that correction starts from end of the august and last till starting of the new year . please like if you are agree with it . Shortby naitikgolakiya3
Will Nifty follow Sensex & break 9700 to test 9500..!!!?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 for nifty 9500 if 9800 not crossed & sustained soon.. lets c whats in store..!! Happy & Safe profitable trading Anand rathi @anandrathi12 by anandrathi123
Multi Time Frame View on Nifty w.r.t Sensex n VixSensex 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 by midhaneshUpdated 2
5 WAVE UPTREND COMPLETEDMy 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 readyShortby selvamB113
SENSEX - DOUBLE TOP + LONG-TERM TRENDLINEHere, 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 immediately took support on it. But in Jan 2016, it went below the line strongly and prices fell for a few weeks and later recovered. Again in Sep 2016 when it tried to cross the line, prices fell and continued downwards for a few weeks. And then we recovered. So now, we are very close to meeting that line again and possibly halting the bull run for a while. While I won't advise to build short positions now itself, do keep this chart these facts in mind to manage your positions well :) Cheers !! Shortby dravyaUpdated 228
sensex supports trendlineWatch red dark support trendline for sensex. if that breaks there is some correction down possible. i think correction is near after some days. by Yogi2
SELL OFF BEGINS IN SENSEXSENSEX 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)Shortby selvamB550
short short a bearish engulfing pattern is visible and below 8 ema and target till supportShortby tanuj0
short short it bearish engulfing pattern there and below 8 ema and target till the supportShortby tanuj0
SENSEX* Horizontal trendline support * Rising trendline support * -DI losing its momentumLongby bbrijesh7