Friday, April 6, 2012

SENSEX futures for next week 09 Apr 2012 onward

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 116920.6017213.37
Wave 217213.3717032.44
Wave 317032.4417394.30
Wave 417394.3017170.67
Wave 517170.6717644.31
Wave-5 Expansion will continue till 17756.21
Corrective Wave Pattern
Wave TypeRange FromRange To
Wave A17687.0117213.37
Wave B17213.3717506.14
Wave C17506.1417144.28
Wave-c Expansion will continue till 17032.50

SENSEX Price is In the Impulsive Cycle. Impulsive cycle will Fail if price fall to 17282.46
Buying is Advisable at 17213.37 with stoploss 17032.44 for Target 17644.31.

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