SENSEX AS ON 21.1.10

when we were near 17700, it was expected that we may correct as shown in this mail.

http://pankaj564.blogspot.com/2010/01/sensex.html

now if we follow wave count mostly we have completed sub wave B.c.4 today at 17025  or even if we correct from here we shd not close below 16800 to keep up move intact.

if we start up move from here it will be last n final sub wave of this up move.which may run up to budget.

targets can be betn 17970 to 18555.

this rally shd be used to generate cash.