Market Forecast

Is this thread useful for you for deciding trading strategies?


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hi all
czar, sorry for not posting.. actually my net connection was down and hence unable to post.
joy, i am not fed up with giving forecasts. i just give the levels for the fellow members to form an opinion in the highly volatile market...
uashish, back pain is still troubling me a lot...trying to cope up with the pain...
Please wait for my forecast

koshyssj
 
Market Forecast for 08.06.07

The nifty is on a downtrend and the bulls are taking rest. i expect a fall of another 2-5% in the days to come... use the dips as best oppurtunity to grab good stocks...

Tomorrow, market will open flat or negative with high volatility and mixed bias and remain long above 4183 with SL 4167 for a tgt of 4200-4222.If it breaks and sustain below 4175 keep short with SL 4195 for tgt 4154-4122. short traders, enjoy the roller coaster ride...Bears, enjoy the season..:D
 
Market Forecast for 12.06.07

The markets are in a correction mood and it will shed more points to reach a level of 4060. But the market is in a oversold condition and dont sell in panic.

Tomorrow, market will open flat or negative with high volatility and mixed bias and remain long above 4160 with SL 4145 for a tgt of 4195-4222.If it breaks and sustain below 4155 keep short with SL 4175 for tgt 4124-4115.short traders, enjoy the roller coaster ride...Bears, enjoy the season..
 
Market Forecast for 13.06.07

Market staged a smart recovery today after hitting day's low of 4100.80. As i've written earlier, buying at dips are always advisable. But as of now, the market is all set to touch 4200 within a day or two and if it sustains above 4200+ nifty may touch new heights in the coming days.. Always look out for a breakout below 4055, which will prove fatal to bulls.

Tomorrow, market will open flat or gap up with 20-35 points attached with high volatility and mixed bias and remain long above 4148 with SL 4128 for a tgt of 4175-4196.If it breaks and sustain below 4143 keep short with SL 4155 for tgt 4100-4085. short traders, enjoy the roller coaster ride... but be careful with your positions....
 
Market Forecast for 14.06.07

The bears are hammering down the market from higher levels and if the bulls are unable to take the market above 4166+ on a closing basis, then there will be no hope for a recovery in the short term. The bulls are still keeping their major support at 4055 intact and any failure from their side to keep this support will hammer the market down to 3981- levels. It is stillbetter to buy at dips... Make this as an investment oppurtunity for a medium term..

Tomorrow, market will open flat or positive attached with high volatility and mixed bias and remain long above 4128 with SL 4108 for a tgt of 4155-4176.If it breaks and sustain below 4123 keep short with SL 4138 for tgt 4100-4085. Be careful with the positions.. Please adopt wait, watch, trade and exit policy..
 

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