Follow and Boost the post, Thanks.
Based on the 1-hour chart for the S&P BSE Sensex Index, here is the summary and analysis:
Key Levels:
- Current Price: 73,885.60
- Retracement Levels:
- 0.5 Retracement: 75,537.72
- 0.618 Retracement: 75,947.52
- Targets:
- Target 1: 75,936.42
- Target 2: 77,260.70
- Target 3: 79,420.46
Chart Analysis:
1. Retracement...
I have posted two charts: the First is to understand the Intraday, and the second is my short-term view. Today is the weekly closing and the day that decides the market trend for next week. 72,500 is the last hope for the Bulls and a very critical zone, so keep an eye on these levels. They can help you play for the maximum today or in the upcoming days.
Intraday...