Market ready to touch 13000

#3
Mahmeds,it will touch 13k in future,near midterm and evryother time frame is just relative to observer.
But to touch 13k first it needs to hold on(i mean hold on and not touch)to 11k first.
We dont need 300 points rally a day,50 points a day will do,remember the tortoise and hare story.
The tortoise wins always.:) ;)
and these are random thoughts of mine.
Regards
Amit.
 

rvlv

Active Member
#4
can somebody post some logical basis into this dream ?
what does elliott wave say?
what does fibonacci say?
trendline -does any trendline support this theory?
rvlv
 
#9
rvlv said:
can somebody post some logical basis into this dream ?
what does elliott wave say?
what does fibonacci say?
trendline -does any trendline support this theory?
rvlv
Hi rvlv,aqua2006,
No dear its not my dream my dream is 20000:) ;) . as far as elliot wave is concerned acc. to techni trade of Rohitb
The first wave of correction was from 12671-8799 with downtrend. The second wave of correction (currently
ongoing uptrend) is from 8799-11081. Earlier it was 8799-10940 but as the Sensex crossed 10940 so the rise
from 8799-10940 is still a part of the rise from 8799-11081.
We need a confirmation of the end of this rise from 8799-11081. If Sensex sustains 11081 in this week then we
can expect a rise to 11200, 11703 and then 12187.
and if it achieve 12187 than the next targate is 13000:).(by me)

Ahmed
 
#10
jdm said:
you got the spelling wrong amitt. its AlphOmega. its a MS plugin and detects the waves.

check it at http://www.alphomegaew.com/

cheers,
jdm.
Oh i was never good at spellin,;) pretty objective u see as long as i can get my point across.
Ah and the waves,:D hmm.I am not sure i wud rely on a software doin the work for me.Because it gives a lot of counts,but usually with me I have only one count more oten than not.:cool:
So its of no use to me,thanks for this anyways.
Regards
Amit.
 

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