Sensex has moved up with another wide bullish candle of large body and small wicks.
Closed at 19812, into the Blue channel, above the 55day EMA & 50dayEMA, after resisted at 20day EMA.
Oscillator well out of the OverSold area.
Now the blue channel will form the boundary, with 20ema and 34ema forming resistance
and 13ema, 89ema and 100ema will form support.
20ema is diverging away from 50ema in positive.
Longterm ichimoku remains neutral. and PA above TS, and KS sideways.
with price in cloud, but future cloud turning negative.
Shortterm cloud is negative, while PA is above TS & KS.
Supports 19702 19385 19300 18924
Resistances 19885 20288
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