Tuesday, January 5, 2010

SENSEX WEEKLY CHART- RSI AT CRITICAL ZONE

LOOK AT CHART ATTACHED.
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2 comments:

  1. SujathaJanuary 08, 2010

    Your chart is proving good as usual..

    What is the immediate downside u r expecting? or if any bounce back comes from here what will be the resistance.

    Thanks in advance.

    Regards

    ReplyDelete
  2. PANKAJ SHAHJanuary 08, 2010

    thanks for yr kind words.market has corrected as per expectation and if it continues i expect it correct upto 16850-17100 zone in coming days to be followed by strong budget rally which shd be used for profit booking.

    stop loss for long positions is 16578

    ReplyDelete

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