*Sensex View:* *http://akprabhakar.blogspot.com Read the full article on the blog with Graph*
· *Sensex closes @ 16month high* · *Sensex has doubled from March2009 low of 8047 in just 6month.* *Sensex from low of 7697 on 27/Oct/2008 has made a 16month high of 16700 on 16/Sep/2009 which is more than double in 11months, time wise Sensex has taken 216trading days to reach here and 223 is an important Fibonacci number which comes next week around Derivative settlement.* *Also from March lows it has completed 130 days where 134 is a Fibonacci number again. **Derivative is heavily loaded with PCR=1.63 and Overall market Open interest Rs.1,14,426crs and with just 5trading days as Monday 21/Sep/2009 is a holiday due to EID which gives a long weekend, this settlement can see big rollercoaster ride. * *Like before I am unable to say (Predict) if correction is going to start, Time period wise market may be nearing its top so Caution is advised.* *Regards* *A.K.Prabhakar* * * *Equity Analyst * *[email protected]* *[email protected]*** --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en -~----------~----~----~----~------~----~------~--~---
