>SBI Autopsy:)

SBI chart structure shows 5 up done in hourly time frame also waves followed Elliot principles
W3=1.6W1 ,If this count is correct SBI is heading for a good fall.





Lets talk more about wave counts
Near 1600 5 wave up done
A 1600-1300(Clear 5 down)
B 1300-1548(3 wave)
here in B >>> c=1.6a( looks steep) so lil confusion thrustfull B?
If this wave counts are true SBI is heading for atleast couple of 100's fall.

Lets discuss another wave count

1000-1600 3 wave up

1600-1300 4th wave

now 5 th wave in progress

well if this case is true SBI can touch recent highs again.

lets get little more closer :)

lets take this 5th up

As of now looks like 3 waves done and 3=1.6(1 ) followed clearly so 4th can start anytime,
Before 5th up.

One important conclusion after this wave talk

SBI is headed for some fall. How much?

We will see in coming days this second count fails if we go below 1400.

Regards
Rish

Siachen The greatest Pride:)

Siachen – Indian Army’s trump card and greatest pride……Siachen battle was the show cased of all high altitude battle. Indian Army regained the respect in high altitude fighting that it lost in 1962 Chinese war. At 6,300 meters (20,700 feet) India controls these breathless heights and is reluctant to back off for alarm that Pakistan might walk in. Indian troops geared up in the extreme conditions of Siachen sector. The Pakistanis cannot get up to the glacier, while the Indians cannot come down. :)
Lets respect the effort of those you have sacrificed their present for our future.
“Responsibility is the price every man must pay for freedom."



Few facts about Siachen

Toothpaste freezes in its tube, speech can be blurred, frostbite and chilblains are common and plummeting temperatures can leave scores dead.

The fact is the human body continuously deteriorates above 18,000 feet and with winter temperatures of 70 degrees below zero, the inhospitable climate in Siachen has claimed more lives than gunfire.

Do leave your comments

Regards
Rish


PS:- My father served in "ARMY"

>DOWJONES H&S?

If this materializes dowjones is heading towards a double bottom 11000-11200
regards
Rish

>Shipping Corporation of India