DISCLAIMER

DISCLAIMER-All the views and contents mentioned in this blog are merely for my personal use,and are not recommendations or tips.i do not accept any liability/loss accuring from the use of any content from this blog.All readers of this blog must rely on their own discreation and neither any analyst nor any publisher shall be responsible for the outcome.

Monday, August 17, 2009

range bound market.

All our last predictions prove right.
1.'''''
i had predicted 15600 and 16500,700 as tgt for up move start from 8050,nifty similar tgt from 2700 t0 4600,4700.this prove right sensex made our first tgt point to point 15600 and than start correction.
2."""
in the area of correction again bounce of 15000 predicted.
this is also prove right.
3."""
again predicted down ward move after 15000, sensex touch 15100 and than down for 13220.
(all the past this predictions posts available here in this blog)
now the market at big range consolidation zone ,the range is 3700 to 4900.
valuations are little bit at higher band but too much liquidity from fii side keeps our mkt at higher zone.
Dow Jones will play major role for our mkt next action.Dow 9500 is big resistance cross over of it will leads Dow at 10300,400,we have to watch Dow Jones at 9500 and than if Dow start for 10400 it's effect on our mkt.