Tag Archives: Mumbai

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

Bloodbath on Indian Bourses

Can India be immune to what is happening elsewhere in the world? The answer is a resounding no. Last week the benchmark index or the “Sensitive Index of the Bombay Stock Exchange” crashed to 10,239. This level is about 2,000 points below my target for the index (I had written that we will see 12,200 when the index was above 21,000 earlier this year) Continue reading

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Posted in Indian Stocks Trading | Tagged , , , , | 2 Comments