BSE Sensex - Ichimoku Study - Week: 29 October to 02 November, 2012.. - Bulls Hold on

                       .....Regulars can skip below and go straight to the chart......

Introduction / Preamble can be read at this link (click). 

Quick Reference : 

Chikou Span - pink line,

Kijun Sen - blue line, 

Senkou Span A - black line, 

Senkou Span B - grey line, 

Kumo - grey shaded area,

Tenkan Sen - red line.

Previous Signals seen on BSE 30 - Week Chart (EOW) marked on chart as per notes below:

The Tenkan Sen Cross:  Weak  Bullish   Signal (Te)

The Senoku Span Cross:  Neutral  Bullish  Signal (Ss)

The Kijun Sen Cross: Neutral  Bullish Signal (K)

The Tenkan Sen/Kijun Sen Cross: Strong  Bullish Signal (T) 

The Kumo Break-out: Bullish Signal (B)  
The Chikou Span Cross:  Strong Bullish Signal (Cc)  

BSE 30: Medium Term View (or) Week Chart (or) EOW with the Ichimoku Cloud:

The BSE  Sensex 30 - End of Week Chart - 02 November, 2012

Learning from the Past Week: (click here for the post)

The Chikou Span moves away from the Kumo, in a green week #a.

Oscillator ticks down #c

Tenkan Sen #b remains flat.

Looking forward into the next Week:

Bears reaching lower each week, aiming at the Tenkan Sen #b.

Staying above the Kumo - advantage is with the Bulls.
Action of the Chikou Span #a near the Kumo is also to be noted.

Flat Kumo's #b gravitational pull starts working - something to watch out for.