Maintains strength by closing above 5dEMA,13dEma, 20dEMA, 34dEMA 50dEMA
and 20dEMA remains above 50dEMA till now.
The Bluechannel holds the Sensex in sideways,
the channel bottom will provide support.
Today Sensex found support at 13dEMA,
Oscillators are moving closer to OverBought zone,
Volatility is lesser than past 2 days.
In the Longterm ichimoku, cloud contains the sideways moving price,
between KS and TS.
TS is below KS, both are in cloud, and sideways.
Cloud top and bottom will form resistance and support.
The trend is neutral.
In shortterm, the TS & KS have turned sideways,
with PA below TS, and all below the cloud.
The cloud bottom remains a resistance.
Trend sideways.
No comments:
Post a Comment