-Above is the Daily chart of BSE -SENSEX.
-Just see IN 6 days crashed by 428 points after hitting a high of 18047.
-Look at Negative Divergence on RSI (Same u will see in Nifty Future chart too )
-MACD is in sell mode.
-Just remember these levels :Crucial support for Sensex -17748-17298.
-In this fall it will try to kiss these levels.
-Suppose break and closes below 17298 level for 3 days then Iam expecting slide to continue and panic can take Sensex upto 16849-16699 level.
-Above levels are valid till Sensex not crosses 18047 level.
-101% No need of Watch Blue Channels or Read Pink papers and Pay money for Subscription.To know trend and levels for Sensex and NF ,I will do free of cost in this Blog only.
To know more about Intraday trading calls/Commodity trend/Crude /Forex /Global Indices & Stocks ,Just send me at [email protected]
Updated at 7:17/16th April/Baroda