On the monthly time frame, sensex is still on uptrend untill it break the green line.
Green line which is 50MA is the correction sensex made over several year.
If the green line is broken then we are heading toward 2008 crash and 2020 covid bottoms (redline).
Looking at inflation and interest rate rise we will most likely touch the redline 100 MA
Green line which is 50MA is the correction sensex made over several year.
If the green line is broken then we are heading toward 2008 crash and 2020 covid bottoms (redline).
Looking at inflation and interest rate rise we will most likely touch the redline 100 MA