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BSE Sensex Trend Analysis-16/11/2009
All global stock markets have done U-turn.....Dow jones has actually managed to make a New high...and our own BSE Sensex after giving a classic peak & through pattern fell from the tip of the Uptrendline 7 & Uptrendline 10. BSE Sensex has given a throw back on the upside in the week between 8/112009 and 14/11/2009. This technical throw back on the upside is most common when the fall from the pattern is sharp.
By Suchita Ambardekar.
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Commented by
Mathew Cherian, Research Associate/Analyst, Western Michigan University
| 11 19 2009 18:26:44 +0000
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