sensex

5 ott

For now up till index closes above 80000 on weekly closing bases we can consider it as normal running correction but if by end of October month or on weekly closing bases index start closing below 80000 will be the first sins of a 5000 and more point correction to trigger . All Short term trading position will trigger stoploss and can see good unwinding and fresh sell off in equity major blue chip . but up to Sensex index hold above 80000 on weekly closing bases every dip should be a buying opportunity for short term trader for targets 85000 recent high on sustaining above 90000 up to December 2024 .bullish short term view fails on index start closing weekly below 80000 levels .