Indian Bombay SENSEX Forecast

Indian SENSEX Forecast 1-31-12

I commence with my gratitude to The All-Knower

SENSEX was pulled by a longer time cycle of this market. I think, that pull lasted until 01/27/12. SENSEX shall go down now until at least 02/10/12. Unless the whole world (especially European Market create some miracle for the upside). Time Cycle which attracts, then it acts like the "repelling force". First price target is just below the 16,480, futher down target is 15,600 level.