SENSEX INDEX India This is another index that looks like it's topping out for the summer. The great bull campaign from the 2009 low at 8075 to a high at 36370 over 9 years is in its final stages. Echoes of the Dax here. A break below 34291 will trigger a short opportunity here back to 32516 where it should attempt to bounce - but it won't get far when it...
The chart of Sensex index in terms of gold. It don't give a long history, only 11 years. I ran this chart to answer a specific question; Will a nuclear war happen? At least, will India participate in such thing? A country with booming market reflect a very positive social mood will not engage in a war. I don't have long enough historic data to get the big...
TREND LINE BREAK SELL ON RISE SENSEX BIGG SUPPORT 32612 Target profits marked on chart.
Look at the peaks - Jan 2000, then Jan 2004, then Jan 2008. The next one came an year early in 4Q10 but the one after that again in 4 years - Jan 2015. The next peak at Jan2019 looks feasible. The chart has just crossed the 1.61 fibonacci extension with a strong green candle . Whenever it crosses a fibonacci level with a strong green candle - it is poised to go...
SENSEX again near massive resistance zone. Short with liberal stop above overhead lines
$SENSEX be careful with longs as LLH T ends
As I have mentioned before, this is a very strong support level, you can long SENSEX at the bottom of this region.
LOOKING FOR A SELL OPPORTUNITY BASED ON THE MOVES :)
Japan Is Selling Bullet Trains to India www.bloomberg.com " Creating Jobs Modi is also counting on the project to spur a manufacturing and employment boom. His government says it will create 20,000 construction jobs, apart from 4,000 direct and 20,000 indirect jobs for operations. Local companies such as Larsen & Toubro Ltd., Gammon India Ltd. and GMR...
For now, short SENSEX is not a wise strategy. It is approaching a strong support level. RSI is around 50, means the market is not stable and waiting for a clear path. INDA ind NASDAQ:INDY
A Great Chance! AMEX:INDA NASDAQ:INDY But Be Careful! Watch INR!