Showing posts with label fractal. Show all posts
Showing posts with label fractal. Show all posts

Wednesday, November 9, 2011

BSE Sensex Fractal

A fractal is a pattern that repeats parts of its self within its self. I was introduced to the concept during my study of Elliott Wave.
There is a whole lot of computer generated fractals that you can google, which i find great for desktop backgrounds.
The reason for this post is that the intraday chart of the Sensex (top) looks very similar to the daily charts of the Sensex (bottom).