Sensex - Weekly review Dec 15 - Dec 19

1 176
Friday's movement was choppy, and the price is now testing the intermediate resistance at the 85300 zone. Next resistance is at the 85500 zone.
Buy above 85320 with the stop loss of 85180 for the targets 85460, 85580, 85740, 85900, 86060, 86220, 86400 and 86560.
Sell below 84960 with the stop loss of 85100 for the targets 84840, 84700, 84540, 84400, 84240, 84080 and 83900.
As per the daily chart, the price is testing the trend line, and it has to break and sustain above it.
snapshot
Always do your analysis before taking any trade.
Note
Towards 85300. 85k should sustain to test next resistance. snapshot

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