Monday, January 4, 2010

Will the party continue in New Year!


Sensex
Sensex made 52 week high and closed at the highest level on last trading day of the year 2009 at 17464!
We expect this final 5th wave to develop into form of an ending diagonal
If our interpretation is correct and prices are in wave C of (3) then prices shall rally now rather quickly! A further weakness from here will warrant for adoption of an alternative count

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