Sterling, India’s Sensex and Australian Dollar Outlook plus holiday notice

Posted on October 28, 2009 by Ramki Ramakrishnan

Hello,

I am going to be away for a month on holidays. So will catch up with you when I return. In the meantime, here are two quick updates that you might find interesting. One is on GBP/USD and the other on AUD/USD.

As for India’s Sensex, I think we have seen a near term top. Use recoveries to 16,600 plus levels to get out of any stale longs that you still have, as we will likely decline to under 15,000 in the coming days. Early support lies at 15760 area.

GBP 28 Oct 2009AUD 28 Oct 2009

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About Ramki Ramakrishnan

Over 25 years of market experience that I would like to share with you through these pages. Check out the various links and see what interests you. Come back regularly for more. Tell your friends. Enjoy!
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3 Responses to Sterling, India’s Sensex and Australian Dollar Outlook plus holiday notice

  1. narendra shinde says:
    November 28, 2009 at 5:44 am

    u r reserch is very good

    Reply
  2. Ramki says:
    December 3, 2009 at 5:45 am

    Narendra, Glad you find it interesting.

    Reply
  3. dinesh says:
    December 7, 2009 at 8:20 am

    sir, would be grateful if you could enlighten us on the elliott wave count of sensex

    Reply

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