(1) Sensex Chart For 31/12/07
Sensex :: (1) Wolfe Wave set up in Sensex intra day chart.. And last leg of Impulse 5th of 5th..Max target for this up move between 20340 to 20940.. After complete this impulse wave. May be starting to move down and touch 1-4 Blue line….!!!
(2) One of the option is this up move is finish 5th of 2nd Elliott wave and target of 5th wave in between 21500 to 23200..
(Note:: Both are valid if market move up from here and break 1-3 line.. lest see whats happen in coming week)