In latest report published by Mark Galasiewski, Asian - Pacific Fin Forecast at Elliot Wave International, forecasted sensex at 100,000 within 15 years based on current technical pattern. According to him India is the only one country which didnot breach the october 2008 lows. Indices in India has witnessed three wave fall, and after it had reversed its direction. Other countries markets went below this 3rd wave and they may witness 5th wave down, which would be severe in nature. India is special because it has only three waves down.
