Tuesday, June 15, 2010

sensex


at this moment sensex could touch 17500-70 levels for the complete of C wave which will be the blue B wave as i mentioned in the chart. i think it should be 5-3-5 wave pattern for longterm A wave.
at this moment i am not comfortable to buying at this level due to bullish in USDINR, DOW--trade below 200MA. (bearish)