Sensex Next Week – 28 Nov 2010
Sensex is in downtrend from the last so many days. After reaching its all time high few days back, it is giving blood red on dalal street. Housing loan scam has also hit the market badly and some bad news relating to same is expected next week.
But we're here to analyze technical chart of Sensex using Ichimoku indicator.
On Friday, Sensex closes below Kumo level giving kumo breakout on downside. That means it will give BIG correction next week. The support will come around 18,300 when Chikou Span (CS) will find support around kumo. That will be right time to invest for long-term.
Source: DodaCharts.com
Visitors who read this article also read:
|
Was this article useful? Subscribe to our newsletter to get daily updates in your email for free. |
|
|
Related posts:
Manganese Ore India Limited (MOIL) IPO
Be Aware of Future and Options
How to gain from high inflation?
How to to protect your stocks from rate spikes
Be cautious while doing trading in stock market
Marc Faber: ‘The Bear Market is Starting’
Top 10 high dividend-yielding stocks to invest in
What should you know before loan against shares
