Ichimoku Sensex Longterm shows neutral about to get support at cloud, while the shortterm trend has moved from neutral to negative, breaking the cloud. in PA, but TS & KS remain still in positive zone. CS is negative.
Cloud is positive in Longterm, but negative in shortterm.
LongTerm Trend has not been disturbed, except at very fast short levels.
The sensex may bounce up from 50ema sma, Aroon is passing neutral, with positive superlative but declining, Stoch is into sell which may stop at 20. A technical bounce is also due soon.
The Ema has been broken only on levels higher than 50ema.
Sensex is within the BolingerBand at the bottom channel, The support is at 19659, and resistance 21083
Fibonacci extensions and retracements.
There are more chances for Sensex to rise to 20491 20609 20728.
The fall will most likely be arrested at 19856.
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