BSE Healthcare Index

The Healthcare Index has broken past the highs of an ascending triangle, not an Elliott wave triangle, now there is a difference for you to explore. What it may mean is that a larger 3rd wave up can have started. and the Healthcare index can now move on toward 30500 in the coming months. It did not get much of a correction and that can mean a swift move. Stocks have also consolidated within the sector so that is a good thing.