Sensex Analysis using McClellan Summation Index (b) - BSE sensex (end of day chart)
Below you shall find two charts:
First chart is BSE Sensex Index (blue line), 50 day moving average (red line) and 200 day moving average (orange line).
Second chart is modified McClellan Summation Index (blue line), 59 day exponential moving average (red line), 100 day exponential moving average (orange line).
You can see side by side comparison and make an intelligent informed decision of where the market is headed. This shall help us to identify possible market entry/exit along with trend change.
It could take up to 30 seconds to load the charts below so please have patience...
First chart is BSE Sensex Index (blue line), 50 day moving average (red line) and 200 day moving average (orange line).
Second chart is modified McClellan Summation Index (blue line), 59 day exponential moving average (red line), 100 day exponential moving average (orange line).
You can see side by side comparison and make an intelligent informed decision of where the market is headed. This shall help us to identify possible market entry/exit along with trend change.
It could take up to 30 seconds to load the charts below so please have patience...
McClellan Summation Index (modified)