NIFTY - Moon Moon -"Sensex"For a change we picked the Sensex today more for the analogy than a deviation. Hit 66000 that is 2/3 of Journey towards 1 Lakh. Post the climb of ATH it is near 7 times we posted new ATH. The % up move from the previous ATH now is 4.1%, this higher than if one were to monitor Nifty. On the occasion of Chandrayan, Sensex is trying its best to try to the skywards. It is interesting to see how the arrival of Gift Nifty and Nifty accommodate. Expiry driven moves clearly pushed the price action more so in the second half. Post the trading hours, GIFTNIFTY has more or less recovered. No way one can compare in terms of the volumes. Or it is one more gap open and then the decent. Simple observation post the break of 58000 in Sensex is the price action respected the Mid Bollinger band. Any deviation and excess towards the UBB is met with correction price or the time. One can see that as the emerging pattern now. Similar is found in NIFTY. 19300-19500 dictates. Probability of 19300 break increased with yesterday's sharp fall. With results season these moves are tentative and thus volatile. Always, focus is on the individual spaces. These range from rise despite bad results, fall despite good results. For the Nifty 19280-19530 range is preferred one
SENSEX trade ideas
Indian Sensex Gd morning
Indian Sensex currently at 63384.58
If weekly close above 64514 and sustains it for another week, then we can see Tgt1 : 70899±
Tgt 2 : 75806±
From my view Indian Sensex Chart is Bullish. So we can expect the tgt1 in shortterm
This is based on my personal view shared it for EDUCATIONAL PURPOSE 🙏
SENSEX - LONG/SHORTthese look like just 2 lines there is big TA science behind that, you can trade as long when it touches the lower trendline and shore when it touches the upper one... with appropriate TP and Sl, I mark some support/ resistance just take care and watch out, supports are in the 1D time frame... #SWINGTRADE
most probably it will get a rejection from upper tend resistance
Indian economy crisis6 month depression in Indian economy.
Anny wale 6 month m Indian economy m mahgai ki wjha se 6 month ka depression any wala h to abhi se tayari soro kar do nahi to pachtana pad sakta h .
According to my chart pattern would economy Mai bhi yai hal honay wala h.
Pori donya mai is saal tak depression ka mahool rahega.
Sensex View 2022On the monthly time frame, sensex is still on uptrend untill it break the green line.
Green line which is 50MA is the correction sensex made over several year.
If the green line is broken then we are heading toward 2008 crash and 2020 covid bottoms (redline).
Looking at inflation and interest rate rise we will most likely touch the redline 100 MA