SENSEX
Possibilities
Critical support zone.
Possibilities of flat, triangle if support zone is to be held of 550000
breakdown can lead to a deeper correction.
In that case can extend to retracement of rise from March 20 low to the current peak.
50%-61.8% if breakdown is seen.
If recovery has to happen then now or from 550000
critical event budget and election for sentimental analysis. to add trigger to the market.
Critical support zone.
Possibilities of flat, triangle if support zone is to be held of 550000
breakdown can lead to a deeper correction.
In that case can extend to retracement of rise from March 20 low to the current peak.
50%-61.8% if breakdown is seen.
If recovery has to happen then now or from 550000
critical event budget and election for sentimental analysis. to add trigger to the market.
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