showing unnatural upmove
looking like in this phase Elliott's fifth wave is under progress as per the chart...and term selected ..
MACD started giving the bearish signals .
Stock is trading near its 52 week high ..
When ever its correction will start a 30 to 40 points fall wont be ruled out..
E book on wave principle and slide show on cairn upward move on 01 Apr 10 , containing 27 slides can be downloaded from Dhanvarsha Ya hoo group for free ...you are advised to register there if you are interested in all mails to your mailbox http://in.groups.yahoo.com/group/dhanvarsha/message/246
