indian SENSEX elliott wave forecast - august 29, 2010

this video is an update on the indian SENSEX stock market using the elliott wave principle. the SENSEX index shows a bullish picture for the years to come and it could prove to be a great place to invest your capital. in the short term it may soon be due for a correction of the rally since march 2009.

Category:

Education

Tags:

• elliott wave principle
• sensex
• indian stock market

[tradeyourwayout]

someone wrote: got one query in ur count in B wave from march 2009 till now .... wave three is the smaller then wave 1 and wave 5 which is devloping .... doesnt that breaks elliot wave rule making that count invalidate

[tradeyourwayout]

@tradeyourwayout hi and thanks. if you listen carefully, i said wave 5 should be shorter than wave 3, meaning i don't think it will get higher than 21,000. any wave can be the largest wave out of waves 1,3 and 5, BUT wave 3 cannot be the shortest wave.

[ashjyos123]

Hi,

Can you just update your abovementioned elliott forecast on the indian market. Will really appreciate if you do it asap.

Thanks a lot in advance

[lovejeevan80]

Hi there......

your EW count on sensex india still looks like a valid....... i wish to ask you... did you use EW or neowave.......

I think you have used EW....

at times market confuses when looking @ alternate count on the charts.....

[ruturavi]

hi david,

this is gr8 analysis, but only one query, B leg has ( 3 waves , A, B , C) ,

Not able to clear on wave counts

would be help ful if elaborate on same ,

and on which count are we in the month of feb 2011