Sensex closed above all important EMAs.
It got resisted at BlueChannel Bottom, and is at the juncture of Cyan, Blue.
The bottom seems to be protected at 144dEMA.
while the top glass ceiling seems to be the 20000 mark.
Longterm Ichimoku maintains the sideways neutral area, with TS and KS parallel eitherside of the price, all within the cloud, which has also turned sideways, with a future twist.
Shortterm Ichimoku is also in neutral area.
The immediate resitance may be at the cloud tops, and support at cloud bottoms.
2 comments:
mok
starting words "sensex closed all emas"....ha ha
i think u r having good fun time in chennai with weather god favoring chill time..
lagta hai..."sheela ki jawani" ringing loud
Hi Sri,
I did not even notice it till you pointed out :)
The missing "above" added.
Thanks.
Now I am going to your wonderful posts - including the addon of BNF
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