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| BSE 30 - End of Week Chart (EOW) - Analyzing 18 Month's Data - as on 19 Sept'14 |
Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the post)
Bulls take support near the Tenkan Sen #W2.
Senkou Span A & B - gap higher #W3.
Tenkan Sen and Kijun Sen gap also higher #W2
Wrap: Bulls survive a fall with a bounce off the Tenkan Sen #W2.
Looking Forward into this Week:
A Bearish Chikou Span cross with Price line, at current altitude, will need 3 odd months #W1.
Bulls need to hold above the Tenkan Sen #W2.
Senkou Span A & B - converging is good for Bears #W3.
Wrap: Bears seek to again try getting the index below the Tenkan Sen, Bull focus is to keep attempting new ATH(All Time Highs) #W2.
