Wish You All A Very Happy Diwali and A Prosperous New Year !!!
Happy Diwali
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#1 by fire on October 26, 2011 - 11:30 am
@Jazz,
Wish you a very Happy and Prosperous Diwali.
I have something to know from you. What is the usual after-effect when a Double Corrective or Triple Corrective Ends? Does that imply the birth of a new Impulse? But Double/Triple Corrective means a lot of weakness, far more than usual actually. Puzzled a bit.
Best regards,
Fire
#2 by Jazz on October 29, 2011 - 3:12 pm
Hi Fire,
by definition it should. I m firm believer that Sensex is in wave 2 with double combination. We had seen a Diametric back in 93 till 2003 then another Diametric X wave in 2003-07 . And currently we are in to some sort of a Flat or Triangle since 08- till date.
Once this double combination completes we can see vicious multi year rise in a form of an Impulse.
#3 by piyush on October 26, 2011 - 11:34 am
happy diwali jazzy.
#4 by AAR VEE on October 26, 2011 - 3:12 pm
Wishing a Very Happy and Healthy Diwali along with a Prosperous Year ahead
Enjoy the Festival !!! Take Care