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Friday, October 30, 2009
SENSEX WAVE COUNT
LOOK AT THE LINK. I SHARED MY BULLISH VIEW WITH iLANGOJI AND HE HAS SENT CHART FOR SAME.
A BULLISH OPTION I HAVE DISCUUSED IN LAST 2 MAILS.
NOW WE CAN FOLLOW THIS VIEW WITH STRICT STOP LOSS OF YESTERDAY'S LOW 15994
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UPDATE AT 4.00PM 30/10/2009
WITH HELP OF +VE GLOBAL MKTS WE OPENED UP AND WENT UPTO 16360 AND REVERSED FROM THERE.SO FIRST LVL SHOWN IN CHART OF CLOSE ABOVE 16375 NOT WORKED AND WE HAVE CORRECTED BELOW YESTERDAY'S LOW.SO BULLISH VIEW NOT TO BE CONSIDERED.
MORE OVER TODAY WEEKLY MACD HAS GIVEN SELL SIGNAL. SO BETTER TO SELL ON PULL BACK RALLIES
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