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  • Date Submitted: 07/29/2011 08:33 AM
  • Flesch-Kincaid Score: 41.4 
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SENSEx (CMP 19602)

APRiL 25, 2011

WEEKLy SENSEx  ANALYSiS

A

1. As indicated SENSEx/NIFTy took support just above desired levels of 18848/5697 (lows for the week were  18976/5693)  and  closed  above  the  trendline  of  19534/5866  (A)  thereby  opening  the  possibility  of  the  completion of the larger W.  2. If SENSEx/NIFTy manage to gain momentum above the multiple tops of 19720/5945 then they will be on  course to achieve the indicated pattern targets of 20500/6134. Maintain a stop loss of 19284/5784 for long  positions.    
GRId  BsE SENSEx  NsE NIFTy  CNx iT  BANk NIFTy  CNx 500  CMP  19602  200 DAY EMA  18741  200 DAY SMA  19104  TURNINg POINt  19575  RESISTANCe  20500  SUPPORt  18848  AMEEt DOSSHi : amit.doshi@sushilfinance.com       5885  6781  11895  4712  5622  6656  10987  4560  5735  6706  11336  4681  5867 6805 11790  4690 6134  7099  12535  4863  5697  6506  11190  4588                    RANAk MERCHANt: ranak.merchant@sushilfinance.com 

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