Sensex Correction During COVID pandemic

Sensex ( index of BSE) :

* Zigzag Correction (ABC)
* Rising wedge
* B is at 38.2% Retracement
* Divergence in MACD and Price
* ADX near the 29 level

Conslusion: There might be a downward breakout in the Sensex. for the continuation of Correction of ABC.

Thank You.
Swash Analysis.

Chart PatternsTechnical IndicatorsWave Analysis

Disclaimer