Saturday, January 30, 2010

Market Next Week

The Debacle to continue…

Once again the Rising Wedge Story continues… Finally the Rising Wedge (RW), I was pointing out for the past several weeks broke down as expected; that too with a thunder. This beautiful Chart Pattern theoretically has a breakdown target of around 24%. If we calculate 24% below, from the breakdown point of 5000, it comes to 3800. This is very close to with my calculation of the target. That is 3900 to 3700, which was mentioned earlier. For SENSEX, the matching value will be 12000

 

www.ftalarms.com update: 1. The low risk strategy, given to the subscribers , which has yielded more than the desired gain of 10% for a month, and, now it has been converted to a high gain strategy, with a locking done on their 10 % gain made.

 

With our continuous effort to improve the performance, we will be soon giving to the subscribers, strategies, with medium risk potential and unlimited profit potential, suiting to the current market conditions. The details of which will be announced through www.ftalarms.com

 

Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.

MASTERSTROKES