Sensex Technical View using Twigg’s Money Flow Indicator

By | April 20, 2009

The Sensex is retracing to test the new support level at 10500. Respect would confirm the reversal to a primary up-trend. Twiggs Money Flow (13-Week) bullish divergence offers further confirmation. The target for the breakout is 12500, calculated as 10500 + [ 10500 – 8500 ].

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