Saturday, January 1, 2011

India's Sensex Market Thought 01012011

Happy New Year!! I`m back!!
I received some requests in recent weeks to open the thought book with India`s Sensex.
My pleasure folks. 'BSE Sensex' or 'Bombay Stock Exchange' is value-weighted index composed of 30 stocks and was started in January 1, 1986. Can check more about BSE_Sensex or very good website provides information on India sensex bseindia.com/

Close at 20509.09 last day of the year. Performance 2010 resume gains 2582.87 points or 20.51%.
Trend remain bullish all time frames above 19911.46 daily chart.
Above 19911.46 daily chart expect continuation uptrend next resistance tested lower band of the range last Friday, range [20526,20633] and next 20911.
Bse sensex remain only 3.40% below all time high 21206.77 data 10/01/2008.
Breakout next sessions all time highs next significant resistance sitting [21640, 21917].
Next update 15/01/2011 but If I have many requests next weeks, probably will shorten the next update.
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Happy New Year! Good luck folks and trade well.


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4 comments:

  1. Dear Carlos,
    First off all wishing you too and your family a very happy and prosperous new year ..2011..
    Very Happy to see you Back in Action and and always will like to see Indian Market from "Your Third Eye".All the Best.

    ReplyDelete
  2. Thank you sir. Have a great year. Hope see you here more times. I`ll see next 2 week (next update sensex) who many visitors can India's Sensex Market Thought 01012011 produce. Thank you your feedback sir. Take care

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  4. I read your post . it was amazing.Your thought process is wonderful.
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