BSE Sensex: From my last update;
From the above chart it is clear that;
1) A small island reversal has taken place with positive implications.
2) As mentioned last about 800 point move was in the offing in the direction of the breakout.
3) So we are looking at potential short-term targets of 29100 thereabouts. Buy on intra-day declines with stop loss of 27980 for above mentioned target zone.
4) Better to exit before the weekend closing on Friday- 24/7/2015.
1) A small island reversal has taken place with positive implications.
2) As mentioned last about 800 point move was in the offing in the direction of the breakout.
3) So we are looking at potential short-term targets of 29100 thereabouts. Buy on intra-day declines with stop loss of 27980 for above mentioned target zone.
4) Better to exit before the weekend closing on Friday- 24/7/2015.
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