Wednesday, April 11, 2012

SENSEX futures for 12 Apr 2012

SENSEX today Opens with 17125.96 and take high up to 17319.15 and low up to 17075.89 and close at 17199.40 so according to this SENSEX futures for tomorrow according to SENSEX bse technical analysis Looks Like.

Impulsive Wave Pattern
Wave TypeRange FromRange To
Wave 117135.7617188.83
Wave 217188.8317156.03
Wave 317156.0317221.62
Wave 417221.6217181.08
Wave 517181.0817266.93
Wave-5 Expansion will continue till 17287.21
Corrective Wave Pattern
Wave TypeRange FromRange To
Wave A17274.6817188.83
Wave B17188.8317241.90
Wave C17241.9017176.31
Wave-c Expansion will continue till 17156.05

SENSEX Price is In the Impulsive Cycle. Impulsive cycle will Fail if price fall to 17201.35
Buying is Advisable at 17188.83 with stoploss 17156.03 for Target 17266.93.

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