Market Forecast

[koshyssj]

Market Forecast for 30.05.07

The market once again touched it's high at 4298.85.. Now, the market is in full control of the bulls and the upward momentum is still intact. Expect a minor correction in a day or two due to F & O Expiry.

Tomorrow, market will open flat or positive with high volatility and positive bias and remain long above 4284 with SL 4265 tgt 4314-4332.If it breaks and sustain below 4280 keep short with SL 4292 for tgt 4251-4226. Market will be highly volatile and profit booking will be seen again at higher levels. use dips to buy fresh longs... But beware, the bears can attack any time from now for a minor correction... Trade wisely....

 

[koshyssj]

Thanks friends for participating in the poll... the results humbles me... i will try to correct the mistakes in future...
koshyssj

 

[koshyssj]

Market Forecast for 31.05.07

The chinese spoilt the party today keeping the market in a negative note through out the day, after the nifty changed its life high again.. The minor correction which i expected came early today itself.. If the market fails to hold 4231 tommorrow, one can expect another correction of 50-75 points..

Tomorrow, market will open flat or gap down by 20-35 points with high volatility and mixed bias and remain long above 4265 with SL 4250 for a tgt of 4285-4332.If it breaks and sustain below 4260 keep short with SL 4272 for tgt 4241-4226. Market will be highly volatile due to F & O closing.. All traders are advised to stay away from the market.....Those who have long positions, dont panic.. bulls will comeback soon......

 

[koshyssj]

Market Forecast for 01.06.07

My expectation of gap down opening went wrong.. but the volatility and mixed bias were there.. The market is in overbought zone and please be cautious at higher levels, because one will see drastic selling pressure..

Tomorrow, market will open flat or positive with high volatility and mixed bias and remain long above 4292 with SL 4276 for a tgt of 4315-4332.If it breaks and sustain below 4284 keep short with SL 4304 for tgt 4267-4246. Be cautious.. mint money...

 

[koshyssj]

Market Forecast for 04.06.07

Market was choppy in the last session and is continously facing resistance above 4300+. If the bulls doesn't manage to close above 4300+, bears will take charge of the situation and expect a consolidation between 4250-4325.

Tomorrow, market will open flat or positive with high volatility and mixed bias and remain long above 4297 with SL 4272 for a tgt of 4315-4332.If it breaks and sustain below 4291 keep short with SL 4307 for tgt 4281-4266. be cautious.. trade wisely...

 

[koshyssj]

Market Forecast for 05.06.07

My expectations went accurate yesterday and the bears just missed my second target of 4266 by just 1.05 points on a closing basis. As i've said earlier, if the market fails to hold on to 4300+, the bears will take charge and one can expect a consolidation between 4250-4325. But now the situation is changing drastically and now if the bulls cannot hold on to 4240+, witness a massive selling today or in the days to come.

Today, market will open flat or negative with high volatility and mixed bias and remain long above 4285 with SL 4268 for a tgt of 4315-4332.If it breaks and sustain below 4280 keep short with SL 4300 for tgt 4281-4256. Short traders mint money....

 

[koshyssj]

Market Forecast for 06.06.07

The market turned positive in the late trade and if it is able to sustain above 4300+, then one can see life high levels soon.. but one thing to be noted here is that.. higher levels means profit booking..keep this in ur mind..

Tomorrow, market will open flat or positive with high volatility and mixed bias and remain long above 4281 with SL 4267 for a tgt of 4305-4319.If it breaks and sustain below 4275 keep short with SL 4295 for tgt 4256-4232. Be cautious.. mint money...

 

[Czar]

Sir missing your views eagerly... critical period

 

[uasish]

Yes ,overlooked ,actually where is he ? The back pain again ?

 

[joy433]

I think he is fed up of giving forecast...

instead log on to moneycontrol.com,icicidirect,etc.,..