Sensex Technical View from Twiggs Money Flow Indicator

By | April 14, 2009


The Sensex broke through resistance at 10500, signaling reversal to a primary up-trend. Twiggs Money Flow (13-Week) confirms with a strong bullish divergence. The target is 12500, calculated as 10500 + [ 10500 – 8500 ]. First, expect retracement to test the new support level.

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