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Bombay stock exchange index BSE support & resistance forecast

World Stock market Bombay Stock exchange index BSE Watch
Patel (11/16/2008 12:33:19 PM)

Week ahead Stock market forecast considering that you can plan your Stock Market day trading| swing trading | trend trading | investment | Stock trading |Stock investing | investment strategy.

India - Bombay Stock exchange BSE index started to show some positive development in charts. With positive divergence in RSI it hold a support and it making a up side flag pattern, any up side breakout of this flag consider long entry point. Another positive development is government declares many favorable actions to stabilize economy. 10536 is a primary resistance and 10945 is a strong resistance. In case Stock market goes above 10945 that’s a buying pattern cup and handle up side breakout, above 10945 you can enter long with target 11870 / 12575.


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