Expiry day, in a negative trend.
Ichimoku indicators are all in bearishness in both short and medium parameters, with relief only after Sensex reaches and remains above the cloud.
When it hit this year's low, it had recovered by 400EMA,
From then, the EMA levels have moved up, though marginally.
Sensex may attempt a recovery between 400EMA and 500EMA.
MACD and RSI are in indecisive phase.
Stoch is stuck in oversold. It would make meaningful indication only when moving above 20.
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