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Stock Research for Breakout trading

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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.



Dozens of big Chinese companies tiptoe toward Tuesday’s stock-market open at all-time lows
(Mon, 23 Mar 2020 20:04:00 +0000)
PetroChina, which had beaten the likes of Apple and Microsoft to the trillion-dollar-market-cap punch, now stands at its lowest valuation on record.
India Leads Global Stock Market Slump as Traders Eye U.S. Senate
(Mon, 23 Mar 2020 10:26:00 +0000)
Indian stocks paced a global retreat after the country locked down more than 100 million people in an attempt to stop the spread of coronavirus.
Asian markets fall, led by plunge from Australian stocks
(Mon, 23 Mar 2020 06:13:00 +0000)
Australia’s share benchmark initially plunged 8.5% on Monday as work on more stimulus for the U.S. economy hit snags in the U.S. Senate.
  


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