Review of Indian stock market prediction april 25,2007

We predicted/recommended "going long (i.e buy) on nifty in first hour of trade upon correction.

Result: The day's low point came in first hour of trade and market was choppy for most of day not just second half. Those who held on to long positions till afternoon would have made good profits. However choppiness also makes it easy to trigger stop losses( hence use liberal stop in choppy markets if there is strong belief in the predictions). we expected the rise in market but expected this to come somewhat earlier

(See also weekly forecast/prediction by scrolling down below)

starpundit

PS: Please check back for tomorrow's prediction betweeen 9-10 am. ( there may or may not be any prediction tomorrow)