Oct 31, 2010


Daily
Price is above TS (6006.53) but below KS (6110.60). Clouds Span A (6058.56) and Span B (6110.60). Cloud lines are becoming flat with downward bias. Chikou Span line is rising. Price above TS & rising chikou span indicates short term bullish. Support at 5963/ 5816 / 6006 and Resistance at 6058 / 6110

Weekly
Price below TS (6110.60) but above KS (5816.50). Cloud Span A (5963.55) is becoming flat  with Span B (5816) rising (probable kumo bearish cloud crossover). Chikou span line is falling indicates downtrend. Weekly supports are at 5963 / 5816 and resistance at 6110.

2 comments:

mo h said...

Hi Sri,
Good going,
if possible please add notes to the next post. [ichi sensex 1-11-2010]
regards
mok

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