Market Forecast

[koshyssj]

Market Forecast for 20.07.07

The market humbled me by crossing all upward targets put by me. it shhoted up to 4573 and finally settled at 4562.10. Those who have shorted will be crying now. it is still not safe to short and the mantra for the day is to stay afloat with the trend. the low made on 18th will be the testing level for the time being. panic only when the level of 4452 is breached by the bears.

Today, market will open flat or positive and remain long above 4543 with SL 4530 for a tgt of 4591-4620. If it breaks and sustain below 4535 keep short with SL 4547 for tgt 4514-4466. Be careful with the positions... trade safely..

 

[koshyssj]

Market Forecast for 23.07.07

Market seems to be overheated and the global cues are showing negative trends. So stay long with extra high caution as correction can set in any time. Most probably market will consolidate before any further upswing.

Tomorrow, market will open flat or negative with a gap down of 35-50 points and remain long above 4575 with SL 4560 for a tgt of 4595-4620. If it breaks and sustain below 4570 keep short with SL 4585 for tgt 4545-4525. Be careful with the positions... trade wisely...

 

[koshyssj]

friends
i was out of station due to demise of one of my close family member. just got back and will soon start posting the messages
koshyssj

 

[koshyssj]

Market Forecast for 26.07.07

Market remained under pressure from higher levels and it is still under pressure. If the market remains above the low made today (4555) which i feel is the rock support, the market may close tomorrow above 4575, depending upon the global cues.

Tomorrow, market will open flat or positive with mixed bias attached with high volatility and remain long above 4590 with SL 4575 for a tgt of 4620-4650. If it breaks and sustain below 4585 keep short with SL 4605 for tgt 4555-4525. Be careful with the positions... Dont go long for the time being..wait for the clear market direction to emerge.. trade wisely...happy investing

 

[jatayoo]

Re: Market Forecast for 26.07.07

Market remained under pressure from higher levels and it is still under pressure. If the market remains above the low made today (4555) which i feel is the rock support, the market may close tomorrow above 4575, depending upon the global cues.

Tomorrow, market will open flat or positive with mixed bias attached with high volatility and remain long above 4590 with SL 4575 for a tgt of 4620-4650. If it breaks and sustain below 4585 keep short with SL 4605 for tgt 4555-4525. Be careful with the positions... Dont go long for the time being..wait for the clear market direction to emerge.. trade wisely...happy investing

hi
check hat the nasdaq and dow are upto today.In the morning have a look at nikkei.
that may set the tone for tommorow.

 

[uasish]

Re: Market Forecast for 26.07.07

Market remained under pressure from higher levels and it is still under pressure. If the market remains above the low made today (4555) which i feel is the rock support, the market may close tomorrow above 4575, depending upon the global cues.

Tomorrow, market will open flat or positive with mixed bias attached with high volatility and remain long above 4590 with SL 4575 for a tgt of 4620-4650. If it breaks and sustain below 4585 keep short with SL 4605 for tgt 4555-4525. Be careful with the positions... Dont go long for the time being..wait for the clear market direction to emerge.. trade wisely...happy investing

koshyssj,
Good forecast still now for Spot Nifty.
Asish

 

[uasish]

V.Good forecast.

 

[koshyssj]

Market Forecast for 27.07.07

The market remained above 4555 and as per my expectations, it closed above 4575. The F & O rollover was a whopping 78% and the market recovered in the late trade and the turnover touched record high of over 1 lakh crore. Since the global market is weak today and due to the inflation worries, the market may see yet another sluggish trade today. Dont be panic, if the market remains above 4555.

Today, market will open flat or negative with mixed bias attached with high volatility and remain long above 4604 with SL 4588 for a tgt of 4640-4658. If it breaks and sustain below 4590 keep short with SL 4608 for tgt 4580-4550. Be careful with the positions... Dont go long for the time being..wait for the clear market direction to emerge.. trade wisely...happy investing

 

[uasish]

Thks koshyssj,will watch 4555.

 

[koshyssj]

dear all
i must admit that i failed to foresee such a crash due to the bad global cues and inflation concerns eventhough i thought of a small crash....
sorry all for that...
koshyssj