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#172
15th December 2006, 05:42 PM
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Re: Elliottwave count for SENSEX
For the bullish outlook time is 3 days.And for bearish results 2 days of sideways movement and its gone.
Sometimes playing the waiting game is good if u want to reap quick and double profits. 
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#174
15th December 2006, 06:12 PM
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Re: Elliottwave count for SENSEX
thanks winstonn, what are your predictions based on todays close?
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#175
15th December 2006, 06:27 PM
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Re: Elliottwave count for SENSEX
ho toxic, please tell ur name yaar,
k fine, today , the market did not move above peak of down ward corrective 4 . if on monday it takes out todays high nicely and sustains above without much volatility, then market is in new wave v of final 5. if market does not take out todays high and breaks down , then look for different possibilities that 4th corrective can develop thanxs, winston
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#176
15th December 2006, 06:35 PM
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Re: Elliottwave count for SENSEX
well, that clears a lot of confusion. so i can safely assume that if the market goes below todays low on monday then i need to book some profits. right
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#177
15th December 2006, 06:47 PM
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Re: Elliottwave count for SENSEX
hi
not only todays low, but todays gap must be filled poisonously and on tuesday still down ward price must be seen. anyways, book partial profits if it happens. Anyways after this 4th corrective , we could see 5 of fianl 5 around jan - feb, 07. thanxs
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#178
15th December 2006, 06:49 PM
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Re: Elliottwave count for SENSEX
then that will be the end of the bull market? ;-)
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#180
15th December 2006, 09:20 PM
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Re: Elliottwave count for SENSEX
Hmm... So, in a bear market we cant see stocks performing even if the company performs well.
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