Monday, August 3, 2015

BSE Sensex - Sideways Susie !

BSE Sensex: The above chart clearly shows the Sensex has drifted into a sideways pattern after the initial advance from the breakout zone. Immediate resistance is present at the 28500 levels while the support zone marked earlier has held out at the 27400-27500 levels. Sooner or later a move out of this sideways pattern will occur. Watch and trade accordingly!