SENSEX
Sensex closed today at 63148. It crossed below 200 DEMA and is in bearish zone. On daily chart, we can see supporting trendline.
Strategy for 27 Oct 23 based on 15 min chart:-
If it breaks63120, then next target is 62860. Since H&S neckline has broken on Wednesday, the target should be around 62000-61920 in the near term where there is support of trendline. we can go long only if it crosses 63300 with target till 63750.
Strategy for 27 Oct 23 based on 15 min chart:-
If it breaks63120, then next target is 62860. Since H&S neckline has broken on Wednesday, the target should be around 62000-61920 in the near term where there is support of trendline. we can go long only if it crosses 63300 with target till 63750.
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