
Sensex Index yesterday moved down below our upside breakout level and hit the long stop loss level. Thereafter it settled with sideways price action below the long stop loss level. It was hitting this level as resistance between the side ways price action. The close is above the long stop loss level. Level to watch for expiry will be the long stop loss level. The Main trend is down. Minor trend is sideways between Target 1 level and Long Stop loss Level. Use the Gann Swing Levels given on chart wisely as they will act as support and resistance as per the price action formed around it. Have a profitable trading day ahead by making decent profits.