SENSEX trade ideas
Fibonacci Observations on SENSEX
Observations are mentioned on the chart.
With this analysis i am not trying to predict top or bottom or future direction of the market. With this analysis i am trying to share the idea of different ways of doing analysis, i hope it will openup new ways by which you can do analysis of your own.
BSE SENSEXHigh probability of Sensex (Bombay Stock Exchange) to cross 30000. The Move to be confirmed with a bullish close this month. The arrows indicate potential moves based on previous price action when the Uptrend resumed after breaking the Retracement (2011-2012)
Short Sensex for Target @23000As per Elliot Correction Wave (ABC) theory the BSE Sensex is likely to correct upto 23000 level
