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Saturday, November 15, 2008

(1) US $$$ V Stock Market ::




US $$$ V Stock Market :: We are given target of Indian Rupees against US dollar in between 46 to 51 ,six month ago.. And Rupees achieved target at 50.25.. And made almost double top in last week.. May be create mid term top OR minor zigzag yet to go, if break 50.25 in next week next swing target in between 51.50 to 53.. (If break 48/47 in coming week downward target in between 43.50 to 45)

We plot here Euro V USD chart in this chart Double Zigzag corrective W-X-Y..Last leg Y with corrective A-B-C of C almost achieved target near 1.2300 and already bottoming out before two week

British Pound against Dollar try to made bottom last week..Almost achieved Corrective Zigzag W-X-Y of Y target with a-b-c, near 1.4600 may be hold last bottom in next week..

We saw one more interesting thing in Swiss Franc chart...!! May be create mid term top formation near 1.1900 against US dollar.. !!

Dow Jones already made almost double bottom in last 13th Nov, and bounce beck sharply from low with +900 point gain from bottom..

We already plot Sensex wave count last week and may be Sensex create mid term bottom below 8000 before one week..

All this thing give assumption that may be all world stock market bottoming out or bottoming out soon within one or two week for mid term… lest see what’s happen in coming week..

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