A boring day… So I thought, I will do some creative work. I made my special software to plot the resistance and support levels automatically.
The results were amazing.
I need not explain much, as you can see the dotted lines made by my software. Look how precisely it matched.
At the moment, SENSEX is seen below the support level. Since it is a weekly chart, we need to wait for the weekly close to have a more precise idea.
If SENSEX closes at the current level or below, the software points to the next level as 15422.
Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.
