Today's Market Anticipation (BSE, NSE) !

[actuaryinmaking]

Just thought it may be helpful to know how we anticipate market to bahave today (just anticipation based on various factors and no predictions or hyping etc) (BSE, NSE) !

Date : 30-09-2008

Factors:

==> Inflatio and IIP still staying same
==> World index's falling by great numbers and volumes
==> FII pulled out in volume yesterday (29th)
==> Market panic may still continue
==> Bail out package and its effect still in doubt
==> More major financial institutions crash

Anticipation:
==> LT/MT/ST Bearish Trend still to continue
==> Seems SENSEX will trade in range 11800-12500 down -300 to -600 points

 

[oxusmorouz]

No offense meant but..."bump"

 

[actuaryinmaking]

No offense meant but..."bump"

indeed..though it started like it was heading in that direction...

 

[actuaryinmaking]

..it seems it has shown all colors today in the same day..

 

[actuaryinmaking]

- Global indexes positive
- Financial market turmoil still in picture

Let see how our market fares...anticipating -100 to +200 points range..12650 to 12950...

 

[actuaryinmaking]

 

[actuaryinmaking]

- Seems Forced Bail Out didnt get much buy-in
- Rs trading at ~ 47 vs 1 USD

==> -200 to +200 range (12800 to 13250) ??

 

[uthuman]

Is this the cue for our market opening today?