Indices
Wednesday, September 29, 2010
BSE MIDCAP INDEX
BSE Midcap:
Bse Midcap has achieved its equality target of wave-III= wave-V as per chart attached unless it extend in wave-(v) of V. Break below 7975 will confirm completion of it.
It can come down for retracement till 7500 to 7300 lower levels from peak.
One should start to book profit in midcap stocks. It will extend only if surpasses the high of 8203.
Bse Midcap has achieved its equality target of wave-III= wave-V as per chart attached unless it extend in wave-(v) of V. Break below 7975 will confirm completion of it.
It can come down for retracement till 7500 to 7300 lower levels from peak.
One should start to book profit in midcap stocks. It will extend only if surpasses the high of 8203.