Sensex @ 12000 .... R U ready for it

[toxicexpulsion]

i dont think 12000 is a possibility from where we are now.

 

[Ajax]

hello ajax bhai 12000 still a possiblity ?

Dear reach & toxic

12000 level was based on bearish wolfe on Sensex as explained earlier
It was also said .. a blow away rally above point 5 will negate the pattern.
This is what exactly happened... see my post in following thread &
attached chart

http://www.traderji.com/technical-analysis/12686-kiss-like-mcgrath-26.html

The bearish assumption as per wolfe pattern stands negated 'stopped out'

When will 12000 happen, if at all, as of now I have no idea.
Enjoy the ride up
Regards

Ajax

PS: I am not closing this thread as yet

 

[amitt29]

We shall see...

The coming days are going to be pretty interesting.

 

[reachjesal]

Every Day In The Market Is Interesting !

 

[amitt29]

More pigs to slaughter.Wannabe Bulls or Bears,free riders.

 

[pshirurkar]

The Day It Touches 12000 Will Be Much More Interesting.

 

[reachjesal]

bull slaughter tom. ! hold on to ur seat belts ....

 

[swagat86]

Be careful abt next round of selling, its comin

 

[kindman]

Who Is Going To Sell??

 

[hiteshdaga]

I think the wolf is now alive !!!!
With a good gap down !
and back inside the wedge..!!!

Attached some files...