SENSEX UPDATE

QUICK UPDATE :  SENSEX HAD MADE A HIGH OF 18309 ON 9tH AUGUST  WHICH IS 8 POINTS SHY OF MY LEVELS MENTIONED ON 8th AUGUST 2010 POST


REFRESH : THEORY POST

SENSEX 08.08.10

WEEKEND EDITION

SENSEX QUARTERLY CHART  :

THEORY : 

1)  JAN QTR HIGH 17530

2)  MARCH QTR HIGH 17793 ( HIGH OF JAN QTR + 1.5% = 17793)


3) JUNE QTR HIGH 18047 (HIGH OF MARCH QTR +1.5% = 18059)


4) SEPTEMBER QTR HIGH  18317 ? ( HIGH OF JUNE QTR + 1.5%= 18317)



IF  WE FOLLOW THE ABOVE THEORY  THEN SENSEX HAS STRONG RESISTANCE AT  18317 IN THIS QUARTER