The move has kept it in the sideways with mild negative area.
A clear trend is yet to emerge, though today's close has taken Sensex above some of its shortterm moving averages. It is yet to cross the 20days falling trendline, while todays close is above the median of this falling trend channel below the trendline.
MACD histograms are moving higher, with possible crossover of 5,20 ema.
But, the medium and longterm trends are yet to establish.
Intraday :
1 comment:
good post..
thats y u gv more imp to ema than sma
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