Wednesday, April 11, 2012

SENSEX futures for next week 12 Apr 2012 onward

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 116920.6017204.62
Wave 217204.6217029.10
Wave 317029.1017380.15
Wave 417380.1517163.20
Wave 517163.2017622.68
Wave-5 Expansion will continue till 17731.23
Corrective Wave Pattern
Wave TypeRange FromRange To
Wave A17664.1017204.62
Wave B17204.6217488.64
Wave C17488.6417137.59
Wave-c Expansion will continue till 17029.16

SENSEX Price is In the Corrective Cycle. Currective cycle will Fail if price rise to 17271.64
Selling is Advisable at 17488.64 with stoploss 17664.10 for Target 17137.59.

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