Time To Sell BSE Sensex

Published 06-01-2017, 11:54 pm

Top market cap Sensex stocks:
TATA Consultancy (-3.32%)
Reliance Industries (NS:RELI) (-0.69%)
HDFC Bank (NS:HDBK) (-3.19%)
Infosys (NS:INFY) (-3.88%)
are not performed well since last week. Technical analysis also shows overbought market along with downtrend. There are 4 points of Technical analysis which shows Sensex will go down soon.

1. Overbought Stochastic
2. Down Trend Pattern
3. Price touch (0.382) Resistance
4. Top market cap Sensex stocks low performance (1 week)

This is clear enough with this view that Sensex gonna go down to about 25900 or may be more.overbought sensex

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