S&P BSE Sensex Index
Updated

Sensex - Expiry day analysis Oct 15

772
The price is moving inside an ascending channel and now it is testing the lower trend line of the channel. In the daily chart, you can see the strong resistance at 73000 zone. The price have to sustain above that to move up further.
snapshot
Buy above 72680 with the stop loss of 72540 for the targets 72820, 72960, 73120, 73280 and 73420.
Sell below 72400 with the stop loss of 72580 for the targets 72180, 72040, 71880, 71720 and 71580.
71700 is strong support, and 73000 is strong resistance. The price can move within this range tomorrow.
Always do your analysis before taking any trade.
Trade active
Long. Gap up opening.
Trade closed: target reached
All targets done. Now the price has to sustain above 73800 zone to up. It is facing channel resistance now. snapshot

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