Tuesday, June 21, 2011

USDINR & BSE Sensex

This week i will be playing special attention to the USDINR which i think will give us clarity on the direction of the sensex. Once i have that I will post a separate BSE Sensex count.
The longer term version of the below chart that can be found here, demonstrates the importance of these levels.The old red trendline was already broken and now very soon the USDINR will launch an assault on the new black trendline. Closing above this trendline is going to be trouble for the Sensex. The USDINR intraday can can be found here.
Link

1 comment:

  1. !!!! Update !!!!
    http://jrodperspective.blogspot.com/2011/07/bse-sensex-elliott-wave-count.html

    ReplyDelete