Tuesday, April 28, 2009

Wolfe Wave in SesaGoa - Hourly Chart

Bearish Wolfe wave is formed on hourly charts of SesaGoa.

Analysis of important aspects of Wolfe Wave:

Symmetry:  Got 23 bars for 1-3 and 26 bars for 3-5 wave, about 13% deviation from symmetry. 
Volumes: Good volumes at 5
Target: Yellow dotted line is the target for this scrip

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