Tag Archives: elliott wave analysis of Sensex

India’s Sensex Update 4 Jan 2010

Two consecutive closes above the prior significant high means we should re-evaluate the wave counts and this has been done on the chart. The main suspect until this time is what I have labelled a 5th wave of the third … Continue reading

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Posted in India | Tagged , , , , | 7 Comments

India’s Sensex: Technical Analysis

No change in the technical outlook forthe Sensex. Wavetimes anticpates a turn in the 16045-16115 window. Continue reading

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Posted in India | Tagged , , | 4 Comments

India’s Sensex: Elliott Wave update

About six weeks back, wavetimes anticpated that India’s Sensex index will dip to the low 13,000 and then rally again. This has materialized. (If you would like to refer back, please navigate from the top menu under Equities/Indices/Asian Indices/India). How … Continue reading

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Posted in India | Tagged , , | 21 Comments

India’s Sensex: Elliott Wave Analysis

Is there one right way to count the waves? I can say this for sure. UntilĀ a move is over, there is certainly more than one way to count. Sometimes, even after a move is over, one has to decide where … Continue reading

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Posted in India | Tagged , | 7 Comments