Well SG your forecast was not good this time...i am reading the old posts and kingfisher is the guy who hit the jackpot- He has a target of 4000 in nifty in a years time.
I am not saying there is any battle going on but since you wrote the guys who are predicting 4000-4800 should come back after 3 months, i feel it was important to highlight that statement.
SG is a Bull and he always talks bullishness. Even if market reaches 3000 he will be still repeating same bullish story. Dont believe him and his analysis is not worth giving even a glance.
Do your own analysis and even if it is wrong it will teach you some thing.
With the break of 4786 market has entered medium term downtrend. There is every chance that it may turn Long term downtrend.
Be prepared for the worst if you are a Bull or for the feast if you are a Bear.
But if you are a trader you can have your cake and eat it too.