India: Sensex bullish

Narrow consolidation around 31000 is a bullish sign for India’s Sensex. Breakout above 31500 would signal a fresh advance. Twiggs Trend Index and Twiggs Money Flow both indicate healthy LT buying pressure. Target for an advance is 33000*.

BSE Sensex

* Target: 31500 + ( 31500 – 30000 ) = 33000

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