In a post about analysing gaps, I had indicated a possible upside target during this bull rally at 17800. At the new high of 17196 made on Oct 1 '09, the Sensex is just about 3.5% short of the target. Since technical analysis deals with 'close enough' rather than exact levels, a correction could be starting any time - possibly even next week.
For the full article, please click on the link below:- http://investmentsfordummieslikeme.blogspot.com/2009/10/bse-sensex-index-chart-pattern-oct-2-09.html --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
