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SENSEX is Falling 01/02/2021

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Indeks S&P BSE Sensex (BSE:SENSEX)  
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BSE:SENSEX   Indeks S&P BSE Sensex
Fibonacci Trend Lines Supply and Demand sensexanalysis bseindia sensexsignal bseindex indianindex indiceanalysis milo priceactionanalysis indianstockmarket
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fibonacci trendline supplyanddemand sensexanalysis bseindia sensexsignal bseindex indianindex indiceanalysis milo priceactionanalysis indianstockmarket
as we can see
we have bearish Divergence with MACD Signal and MACD Histogram and it is at the end of a bullish trend which is happening post corona Pandemic and it can be interpreted as trend reversal and Distribution time

now it can be the time for some correction and retraces
we have analyzed the daily Timeframe and used Price Action Strategy to find the accumulation zones
these areas are also having confluences with Fibonacci retracement levels which are good areas to target or enter

we may have a small bullish Spike but the overall scenario is bearish from now onwards
Trade aktif:
shorting now at 50363

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