sensex chart, going forward sensex will be facing strong resistance on upper line of trend channel, 400 dma, and two very important fibo lvls all converging at the same place!!!
strategy: booking profits and initiating hedged shorts near these lvls when sensex reacts and comes down from there, fresh longs only above the circled area if sensex stays above the resistance area for a few days.
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Wednesday, August 13, 2008
sensex chart...
Posted by
abhay r somkuwar
at
4:44 PM
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