The BSE Sensex is the index of shares listed on the Mumbai Stock Exchange (BSE) and learning how to recognise the trends in the index can yield valuable information about when to buy, when to hold and when to sell, the three main pieces of information needed by every Indian stock market investor.
The performance and trending of the BSE Sensex index of the Mumbai Stock Exchange (Bombay Stock Exchange) is uploaded every day to www.sharesdaily.in where you
will see a number of metrics, the first being the percentage rate of change over the past 1, 5, 10, 60 and 250 trading days.
One often sees the words “short term”, “medium term” and “long term” used in the financial media without any actual
definitions. The sharesdaily.in analysis metric defines them thus:
Short term is the market trend over the past ten trading days.
Medium term is the market trend over the past sixty trading days.
Long term is the market trend over the past two hundred and fifty trading days.
From this you can see that it is possible to have the market rising in the short term but falling in the medium term,...