Sensex @ 12000 .... R U ready for it

[uasish]

This thread has become relevant in present scenario.

 

[pshirurkar]

yes when mr Ajax posted this thread on 6th july, it was not easily acceptable to see sensex@12000. . but now it may be possible in the present scenario.

 

[reachjesal]

this thread again should get active !!! hope u get the point ...

 

[amitt29]

Wannabes......

 

[dsanjyot]

The Sensex should decisively cross 1-3-5 line by 14th .
Sensex should strongly close above following Danger points:

06 July .... 14993 Hi pierced but closed below it forming point 5
09 July ---- 15005
10 July .... 15018
11 July .... 15030 Infy results or is it on 14th?
12 July .... 15042
13 July .... 15055 Friday the 13th
16 July ---- 15067 Monday ..... ?? Black Monday
Incidently 16th is Monday (?black) a day after New Moon

Take care

Ajax
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Hi Ajax,

I had followed ur link few days back. I had same view as yours. This comment in todays environment is more apropriate. Since you had mentioned that the Bearish W/W requires a confirmatory upward break above 1-3-5 line which has happend in Daily / Weekly / Monthly charts and all charts are showing the Bearish W/W formation. Pls check it again now and let us know yours and other experts comments. We now just have to watch out for the bearish Candlesticks on Daily/Weekly/Monthly charts with confirmation followed by the reversal.
What u say?