Market Forecast
- Thread starter koshyssj
- Start date
Thanks friends...
thanks mr. sebastianac, munna, uasishji,amitt29 and babaji for your concerns. i am currently under ayurvedic treatment for my back pain and i went to have the periodic check up. i am presently ok and now the treatment has been stopped for a period of three weeks. my doctor has advised me not to take any sort of weight..if i do so, i will be in trouble again...so i am helpless about the gymnasium.. regarding yoga, i will try to adopt it, even though i am novice in that.
when i came back, my system brokedown and only an hour ago, i was able to get thro'....
i hope all r enjoying the bullish ride and since i was out of action for the last two days, i have to study about the market first and after that i will post my messages. mean while, please update me about the happenings...
enjoy the week end friends.... let us mint money from monday... am i right??? pls. do reply..
regards
koshy
thanks mr. sebastianac, munna, uasishji,amitt29 and babaji for your concerns. i am currently under ayurvedic treatment for my back pain and i went to have the periodic check up. i am presently ok and now the treatment has been stopped for a period of three weeks. my doctor has advised me not to take any sort of weight..if i do so, i will be in trouble again...so i am helpless about the gymnasium.. regarding yoga, i will try to adopt it, even though i am novice in that.
when i came back, my system brokedown and only an hour ago, i was able to get thro'....
i hope all r enjoying the bullish ride and since i was out of action for the last two days, i have to study about the market first and after that i will post my messages. mean while, please update me about the happenings...
enjoy the week end friends.... let us mint money from monday... am i right??? pls. do reply..
regards
koshy
Market Forecast for 16.07.07
The market as expected by me has touched 4500 and is now poised for 4550+ targets as the global market is also very enthusiastic. If the market stays is able to stay above 4490 and preferably above 4500, then we can see 4650 levels very soon...
On 16.07.07, market will open flat or positive and remain long above 4495 with SL 4480 for a tgt of 4530-4551. If it breaks and sustain below 4490 keep short with SL 4505 for tgt 4465-4450. Be careful with the positions and dont sell in panic. Trade wisely.... All traders, mint money.......
The market as expected by me has touched 4500 and is now poised for 4550+ targets as the global market is also very enthusiastic. If the market stays is able to stay above 4490 and preferably above 4500, then we can see 4650 levels very soon...
On 16.07.07, market will open flat or positive and remain long above 4495 with SL 4480 for a tgt of 4530-4551. If it breaks and sustain below 4490 keep short with SL 4505 for tgt 4465-4450. Be careful with the positions and dont sell in panic. Trade wisely.... All traders, mint money.......
Market Forecast for 18.07.07
Market is in a consolidation phase and it may correct a little bit due to profit booking at higher levels. The bears are very strong at 4525 and they do not want the bulls to cross that level on a closing basis. It is better to exit all longs and use dips as a buying oppurtunity.
Today, market will open flat or negative with gap down of 20-35 points and remain long above 4510 with SL 4495 for a tgt of 4535-4560. If it breaks and sustain below 4505 keep short with SL 4520 for tgt 4470-4450. Be careful with the positions... trade safely..
Market is in a consolidation phase and it may correct a little bit due to profit booking at higher levels. The bears are very strong at 4525 and they do not want the bulls to cross that level on a closing basis. It is better to exit all longs and use dips as a buying oppurtunity.
Today, market will open flat or negative with gap down of 20-35 points and remain long above 4510 with SL 4495 for a tgt of 4535-4560. If it breaks and sustain below 4505 keep short with SL 4520 for tgt 4470-4450. Be careful with the positions... trade safely..
Market Forecast for 19.07.07
Eventhough my opening gap down prediction went wrong, the market behaved exactly as per my forecast and it kissed 4452.85 and returned back and touched 4510.80 and settled at 4499.55. It is a good sign that market closed above yesterday's close and the today's low is a very vital point to watch. The market is expected to consolidate and it may touch 4525 tomorrow. If the bulls manages to close it above this level, bears may have to wait longer for a correction.
Tomorrow, market will open flat or positive with mixed trends and remain long above 4490 with SL 4475 for a tgt of 4525-4542. If it breaks and sustain below 4485 keep short with SL 4502 for tgt 4467-4452. Be careful with the positions... trade safely..
Eventhough my opening gap down prediction went wrong, the market behaved exactly as per my forecast and it kissed 4452.85 and returned back and touched 4510.80 and settled at 4499.55. It is a good sign that market closed above yesterday's close and the today's low is a very vital point to watch. The market is expected to consolidate and it may touch 4525 tomorrow. If the bulls manages to close it above this level, bears may have to wait longer for a correction.
Tomorrow, market will open flat or positive with mixed trends and remain long above 4490 with SL 4475 for a tgt of 4525-4542. If it breaks and sustain below 4485 keep short with SL 4502 for tgt 4467-4452. Be careful with the positions... trade safely..
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