SENSEx (CMP 19602)
APRiL 25, 2011
WEEKLy SENSEx ANALYSiS
1. As indicated SENSEx/NIFTy took support just above desired levels of 18848/5697 (lows for the week were 18976/5693) and closed above the trendline of 19534/5866 (A) thereby opening the possibility of the completion of the larger W. 2. If SENSEx/NIFTy manage to gain momentum above the multiple tops of 19720/5945 then they will be on course to achieve the indicated pattern targets of 20500/6134. Maintain a stop loss of 19284/5784 for long positions.
GRId BsE SENSEx NsE NIFTy CNx iT BANk NIFTy CNx 500 CMP 19602 200 DAY EMA 18741 200 DAY SMA 19104 TURNINg POINt 19575 RESISTANCe 20500 SUPPORt 18848 AMEEt DOSSHi : firstname.lastname@example.org 5885 6781 11895 4712 5622 6656 10987 4560 5735 6706 11336 4681 5867 6805 11790 4690 6134 7099 12535 4863 5697 6506 11190 4588 RANAk MERCHANt: email@example.com
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