BSE SENSEX on long term ( Monthly & Yearily ) Chart are still sustained above the Upper Channel line. ( refer to the charts above ). Still the assumption will be markets are in Long term Bull run. Huge fall in year 2008 from an all time high of 21206 should be considered as a correction phase , in the long term Bull run which beginned from the year 2003. Morever markets likley to consolidate at current levels before a bigger move.
