Monday, April 30, 2012

SENSEX today Opens with 17195.51 and take high up to 17359.18 and low up to 17195.51 and close at 17318.81 so according to this SENSEX futures for tomorrow according to SENSEX bse technical analysis Looks Like.

Impulsive Wave Pattern
Wave TypeRange FromRange To
Wave 117195.5117258.03
Wave 217258.0317219.39
Wave 317219.3917296.67
Wave 417296.6717248.91
Wave 517248.9117350.06
Wave-5 Expansion will continue till 17373.95
Corrective Wave Pattern
Wave TypeRange FromRange To
Wave A17359.1817258.03
Wave B17258.0317320.55
Wave C17320.5517243.27
Wave-c Expansion will continue till 17219.40

SENSEX Price is In the Impulsive Cycle. Impulsive cycle will Fail if price fall to 17272.79
Buying is Advisable at 17258.03 with stoploss 17219.39 for Target 17350.06.

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