Sensex technical chart | 15-Nov-2011

Here is a latest technical chart of Sensex with Ichimoku indicator.

There is no clear trend in Sensex yet. One day up, one day down. Morning up, afternoon down. Very difficult to predict for short term trading. But one thing is sure. Sensex will touch the level of 16,825 in coming days as kijun-sen line is flat. It may be closing near this level or "kissing" this level on intraday. So, watch this level carefully.