Sensex ( index of BSE) :
* Zigzag Correction (ABC)
* Rising wedge
* B is at 38.2% Retracement
* Divergence in MACD and Price
* ADX near the 29 level
Conslusion: There might be a downward breakout in the Sensex. for the continuation of Correction of ABC.
Thank You.
Swash Analysis.
* Zigzag Correction (ABC)
* Rising wedge
* B is at 38.2% Retracement
* Divergence in MACD and Price
* ADX near the 29 level
Conslusion: There might be a downward breakout in the Sensex. for the continuation of Correction of ABC.
Thank You.
Swash Analysis.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.