Sensex, Nifty Technical Analysis, Stock Market, Share Market, India, September 2016.

Bangalore –  Sensex, Nifty Technical Analysis, Stock Market, Share Market, India, September 2016.
  1. Nifty reached high of 9000 in September and came back support level of 8700, More over its short term support can be 8500 and If it bounce back it will reach to 9000 and to 10000 level.
  2. If  8500 is broken, Then short term daily trend line will be broken and short term view will be bearish for the market.
  3. Also Sensex it reached high of 29000 and now trading at 28500. Its short term support can be 28300 and if it bounce back it will go to 29000 and next target to 30000 level. 
  4. If short term support 28300 is broken and then short term daily trend line will be broken and short term view can be bearish for the market. 


Image source – Investing.com

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