Tuesday, October 6, 2009

Sensex views

The "ii" wave of the move from 15957 to 15368 is a zigzag. Hence, the "iv" from 17196 to... is most likely to be a flat(in a range of 17196 to 16495) or a triangle or even an irregular flat exceeding 17196 during this correction.
Channel break decisively will signal a reversal.
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