Sensex breakout

India’s Sensex broke through resistance at 29000, signaling another advance. Twiggs Money Flow swung upward, the trough above zero indicating strong buying pressure. Resistance at the 2015 high of 30000 may yet prove stubborn, but the target for the advance is 32000*.

Sensex Index

* Target: 29000 + ( 29000 – 26000 ) = 32000

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