Sensex outlook

19 August 2009

Repeated tests of a support line makes that level important in the big picture. So far, the Indian benchmark Sensex has managed to hold above the support line shown in the chart. However, if we get a break of that, then technical selling will take the index down to just below 13,900. So watch out for the break, and take action when it happens.

Want to go further with Indian markets? Module 9, Module 10, Module 17 and Module 18 of my course, built around real Indian stock case studies walks through it with real trades and real numbers, not textbook theory.


← Back to Home