Friday, April 6, 2012

SENSEX futures for 09 Apr 2012

SENSEX today Opens with 17553.26 and take high up to 17553.26 and low up to 17436.60 and close at 17486.02 so according to this SENSEX futures for tomorrow according to SENSEX bse technical analysis Looks Like.

Impulsive Wave Pattern
Wave TypeRange FromRange To
Wave 117436.6017481.16
Wave 217481.1617453.62
Wave 317453.6217508.70
Wave 417508.7017474.66
Wave 517474.6617546.76
Wave-5 Expansion will continue till 17563.79
Corrective Wave Pattern
Wave TypeRange FromRange To
Wave A17553.2617481.16
Wave B17481.1617525.72
Wave C17525.7217470.64
Wave-c Expansion will continue till 17453.62

SENSEX Price is In the Corrective Cycle. Currective cycle will Fail if price rise to 17491.68
Selling is Advisable at 17525.72 with stoploss 17553.26 for Target 17470.64.

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