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| Sensex daily chart (click to zoom) |
Sensex seems to be in positive direction for few more sessions. On daily chart there is morning star candle stick formation. Which will keep sensex bullish for some time, but things like high inflation, rising fiscal deficit may weigh the markets dragging it down. On daily chart stochastic has made bullish crossover, looks like RSI is emerging from oversold region. We are bullish on sensex for some time now..
