i follow indian market a

    Foreign Markets

    Posted by madaneag on 29th of Jul 2010 at 02:15 pm

    i follow indian market a lot. I do not understand much of elliot wave but one of

    elliot wave guys for indian market whom I have been following for couple of years

    and he has been pretty good says that the indian markets (sensex)is about to

    complete a symetrical ( A “Symmetrical” is a new pattern that exists under NEoWave Theory, ) pattern of a-b-c-d-e-f-g-h-i and hence it will complete a larger B and then

    will start a larger C downward. I have taken a short with a stop above 18500 based on this. Weekly Oscillators are in negative mode.

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