Trading Strategy & Sensex Time Cycles
Happened as on 27th November
2012:
For
more information visit www.wavesstrategy.com
In our previous article that was
published on 19th November on the website we mentioned the following – “We are
re-visiting 69 days cycle on Sensex. This cycle has worked very
precisely in the entire fall of 2011. Also it has given the exact day of low on
26th July 2012. Assuming that this 69 days cycle is still working the cycle low
date was 7th November 2012. Giving + 8 days leeway we get a date maybe today or
19th November for an important low to be formed. Failure to do that will
increase the odds that this cycle has probably shifted to the low marked as
wave ii. If prices manage to protect the lows at 18400 and move sideways from
here it will confirm that 18400 should not be taken out atleast for few weeks.”
BANG ON!!!
Sensex Daily chart:
Published on website on 19th
November 2012 and showed in our daily research report on 16th November 2012
morning:
Happened: Sensex is quoting at
18792 and Nifty at 5709. Markets have behaved exactly as per Time Cycles,
Elliott wave patterns. Simply knowing the above charts might not necessarily
give you money unless the trading strategy and short term movements are
properly timed and captured.
Subscribe now “The Financial
Waves Short term Update” equity research and see yourself the important levels
and the probable short term path that can lead to capturing the medium term up trends…To subscribe write to us at helpdesk@wavesstrategy.com
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