roll_dagger

Drop in SENSEX is expected

Short
BSE:SENSEX   S&P BSE Sensex Index
SENSEX

Price has broken down the trend line and is in a Pull back structure. May test 39000 (psychological level) which is also the base of trendline, previous support and near a FIB level.

If pullback is confirmed then price may test 33-34000 range.

Viewing at uncertainties globally, drop seems likely.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.