Market Forecast

[koshyssj]

Market Forecast for 15.06.07

The bulls had their field day yesterday. The market recovered with the help of sound global cues. Now, will the bulls be able to close the market today above 4192+ is the major question. If they are able to do so, more upsides can be seen. otherwise, exit all longs and buy at dips..

Today, market will open flat or positive attached with high volatility and mixed bias and remain long above 4160 with SL 4145 for a tgt of 4187-4206. If it breaks and sustain below 4153 keep short with SL 4168 for tgt 4130-4085. Be careful with the positions.. Please adopt wait, watch, trade and exit policy..

 

[koshyssj]

Market Forecast for 18.06.07

The battle between bulls and bears are still on and bears succeeded in closing down the market below 4192+ and the market will remain under pressure in the coming week too. On 15.06.07, all my targets acheived and markets zoomed to 4209.45 before the crash to 4153.70, a just miss from my negative breakout forecast.

On 18.06.07, market will open flat or negative attached with high volatility and mixed bias and remain long above 4178 with SL 4165 for a tgt of 4206-4225. If it breaks and sustain below 4170 keep short with SL 4188 for tgt 4150-4125. Be careful with the positions.. Also, dont short blindly in panic....Please adopt wait, watch, trade and exit policy.. use dips for buying......

 

[koshyssj]

Market Forecast for 20.06.07

The markets witnessed sharp upsurge during late trade yesterday and it is likely to continue the momentum in the coming days. The mighty bulls or the bears, who will loose the patience will be the question of the day. If the bulls succeeds, then the market will see fresh highs. otherwise one can see a correction upto 3982.

Today, market will open flat or positive attached with high volatility and mixed bias and remain long above 4205 with SL 4195 for a tgt of 4231-4256. If it breaks and sustain below 4199 keep short with SL 4210 for tgt 4180-4162. Be careful with the positions.. Please adopt wait, watch, trade and exit policy..

 

[jaggy_ind]

Koshyji,
Plz continue giving forecast for novice traders. Whenever i log on to traderji, 1st i look out for ur comments on market forecast. so do continue ur good word. God bless u.

 

[uasish]

Getting disgusted with "Loud Shouts" ,this forum needs people like you than "Braggers"

 

[soumya_b]

i think we will see a range bound market tomorrow with -ive bias. the range is 4278-4230.

thanx,
soumya

 

[koshyssj]

Market Forecast for 21.06.07

The market witnessed sharp recovery and exactly as per my expecations it touched 4256 and retraced back to 4248 at closing. since the markets are running high on bull spirit, one can expect a revenge from the bears today.. A healthy correction to close the gap is highly necessary and market may witness negative sentiments today and dont think that it's all over for bulls. bulls will strike back tommorrow...

Today, market will open flat or negative attached with high volatility and mixed bias and remain long above 4242 with SL 4230 for a tgt of 4271-4284. If it breaks and sustain below 4238 keep short with SL 4250 for tgt 4225-4205. Be careful with the positions.. Dont trade long at higher levels now..Please adopt wait, watch, trade and exit policy..

 

[koshyssj]

a confusing forecast ......

neerav, it is not my forecast that is confusing.. its the market. see how the market performed today. i wrote that the bears will show revenge today. the market opened in negative at 4220, went back suddenly and then again the bears took charge and later the mighty bulls came back and closed the day at 4267.40.. still i advise not to hold fresh longs now... be careful...
do u think that still i am confusing u????

 

[koshyssj]

Market Forecast for 22.06.07

The market behaved exactly as per my predictions... it opened in negative and the bulls fought very hard to keep the markets in green. The market stooped down to 4220 and then closed higher. Higher levels are not safe and keep buying at dips.

Today, market will open flat or positive attached with high volatility and mixed bias and remain long above 4250 with SL 4237 for a tgt of 4284-4302. If it breaks and sustain below 4245 keep short with SL 4256 for tgt 4220-4192. Be careful with the positions.it's still not safe to take fresh longs at higher levels now..Please adopt wait, watch, trade and exit policy....

 

[kgmaheshwari]

Does any of our member combines astrology with the mjovement of scripts as astrology can play a very good role in identifing industries expected to do well in next week / month.