Friday, April 13, 2012

SENSEX futures for 13 Apr 2012

SENSEX today Opens with 17276.86 and take high up to 17395.15 and low up to 17276.86 and close at 17332.61 so according to this SENSEX futures for tomorrow according to SENSEX bse technical analysis Looks Like.

Impulsive Wave Pattern
Wave TypeRange FromRange To
Wave 117276.8617322.05
Wave 217322.0517294.12
Wave 317294.1217349.97
Wave 417349.9717315.45
Wave 517315.4517388.55
Wave-5 Expansion will continue till 17405.82
Corrective Wave Pattern
Wave TypeRange FromRange To
Wave A17395.1517322.05
Wave B17322.0517367.24
Wave C17367.2417311.39
Wave-c Expansion will continue till 17294.14

SENSEX Price is In the Corrective Cycle. Currective cycle will Fail if price rise to 17332.71
Selling is Advisable at 17367.24 with stoploss 17395.15 for Target 17311.39.

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