MARKET CONSOLIDATING BEFORE BUDGET

LOOK AT CHART ATTACHED.
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UPDATE AS ON 24.2.10
MARKET CONTINUES CONSOLIDATION.
WILL F N O EXPIRY TOMORROW HELP TO BREAK THE RANGE BEFORE BUDGET?

INVERSE HEAD AND SHOULDER

LOOK AT CHART. IF WE CROSS NECK LINE RESISTANCE, WE CAN SEE HIGHER LEVELS .

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UPDATE AS ON 22.2.10 AT 3.00 PM
MARKET OPENED WITH GAP WITH HELP OF GLOBAL STRENGTH AND REACHED NEAR NECKLINE AT 16423 AND REVERSED FROM THERE.

NIFTY TREND LINES

LOOK AT NIFTY TREND LINES

sensex as on 17.2.2010

chart attached

GOLD AS ON 15.2.2010

GOLD CHART ATTACHED. WE ARE AT STRONG RESISTANCE.

5 DAY SENSEX CHART

COMMENTS ON CHART ATTACHED 

****************************************************
CONSIDER 15892 INSTEAD OF 15982 MENTIONED IN CHART

ALTERNATIVE VIEWS FROM ILANGOJI AS ON 11.02.2010

CHART ATTACHED

Fwd: Elliot Wave Counts...

forwarding opinion received from Mr. Prashant Talpade

---------- Forwarded message ----------
From: Prashant Talpade <prashant.talpade@gmail.com>
Date: 9 February 2010 18:39
Subject: Elliot Wave Counts....Kind Attn: Pankaj Shah
To: Pankaj shah <pankaj564@gmail.com>, ekam ber <ekamber@gmail.com>, ekkas-reports@googlegroups.com

 

GOLD AS ON 9.2.2010

GOLD CHART ATTACHED HEREWITH 

US DOLLAR INDEX AS ON 9.2.2010

LOOK AT INTERESTING CHART OS US DOLLAR INDEX AND ITS COREALTION WITH SENSEX