Bombay Sensex Index Forecast 01-11-12

Bombay SENSEX Forecast 1-11-12

I commence with my gratitude to The All-Knower

I really love and appreciate the Indian Financial Markets. These markets follow the laws to nature to “the T”. May be due to the reason, that participate are more aware and open to the laws of nature, due to India’s 5,000 plus years old cultural traditions, which are part and parcel of the lives of the people living Indian Sub-Continent.

Based upon my cursory view of the markets, it tells me that Bombay Sensex is poised to tumble NOW. SENSEX is ready to experience a reversal, price and time are squaring. I shall only another day or two, and up-to the price levels shown here in the attached chart. I believe that Thursday/Friday shall be start of reversal. Price has already met it target. In the event, if the markets does rally another day or two, then 16,480 and 16,622 shall offer resistance and create reversal, as they are being met within the time cycle, which rules the Indian SENSEX market…. Thus, get your short ready…

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