BSE:SENSEX is at ATH but rejected by a 15 month old trendline

S&P BSE Sensex指數 (BSE:SENSEX)

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BSE:SENSEX S&P BSE Sensex指數

Trend Analysis Support and Resistance Trend Lines sensex indiastocks ATH alltimehigh trendlinerejection

trendanalysis supportandresistance trendline sensex indiastocks ath alltimehigh trendlinerejection

SENSEX has recorded a All Time High today(26-Nov-19) but it was rejected by a trendline that extends from August 2018 till today. If this trendline is broken on a daily closing basis then I am expecting SENSEX to continue to the upside.

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Trend line rejected the price again ahead of India's GDP data which came at 4.5% growth after market hours.

Ideas for educational purposes only.

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