Sensex View

The Sensex remains in a primary down-trend. Having encountered resistance at 18500 the index is retracing to test support at 17500. Failure would signal a decline to 16500. Twiggs Money Flow below zero indicates strong selling pressure.
Remain Cautious.

Sensex If trades below 18k then it could test 16.8k-17k

The Sensex is testing support at 18000; failure would test 17000. Twiggs Money Flow below zero indicates strong selling pressure.

Sensex View

The Sensex broke support at 19000, signaling a primary down-trend. Twiggs Money Flow index (13-week) reversal below zero confirms strong selling pressure. Expect a decline to 17500

Sensex has seen a correction of more than 1000 points in a week.Declining Twiggs Money Flow (13-week) indicates significant selling pressure. Failure of support at 19000 would signal a primary down-trend.Immidiate target could be 18000 for sensex in next couple of weeks.