Sensex likely to test 14150-14230: Angel

Angel Broking is of the opinion that Sensex is likely to test 14150-14230 levels.

MUMBAI: Angel Broking is of the opinion that Sensex is likely to test 14150-14230 levels.

���On the daily charts we are witnessing a bullish morning star pattern formation and a double crossover on the momentum indicators i.e. RSI & Stochastic which suggests of a further up-move. For the coming trading session indices are likely to test 14150 ��� 14230 / 4200 - 4230 levels if it trades convincingly above 13900 / 4130 levels. On the downside 13200 / 3900 may act as key support levels for the markets in the short run. On the sectoral front IT & Cement are looking positive on charts,��� said the Angel note.
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