Monday, October 8, 2012

BSE BANK INDEX

ELLIOTT WAVE COUNT ON BSE BANK INDEX


BSE BANK INDEX  IS EXTENDING IN EARLY WAVE PROGRESSION IT MEANS MORE RALLY TO COME SOON. BUT IN SHORT TERM VIEW IT CAN FALL IN SIDEWAYS CORRECTIVE MOVE.
BANK IS EXTENDED WHICH I LABELED  AS 1-2 IN PINK , 1-2 IN RED AND 1-2 IN BLUE WHICH IS DIFFERENT DEGREE OF WAVE LABELING . 


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