Oct 06
2009
INDEX BRIEFS: SENSEX, INDIA by DARYL GUPPY
Filed Under (Finance Help) by Admin on 06-10-2009
The Sensex is best seen on a weekly chart with upper resistance levels are easily seen. The most important feature is the uptrend line. The break below this line changed the function of the line. This is now acting as a resistance level for the rising trend. We expect to see the index rise to this line and then retreat from it. Support is provided by the value of the lower edge of the long term
