Saturday, June 23, 2007

Review of Indian stock market sensex-nifty predictions june 18-22,2007


For the week June 18-22, 2007 we predicted (See orginal prediction below)
"Hold and build long position this week as indices are set to rise till mid week at least."A sharp (intra day?) correction is possible as week approaches to a close ( possibly on thursday)"
Review: This prediction of rise and recovery for last week was given at a time of pessimistic views aired on media at close of previous and beginning of this week ( Our June month prediction in archives also gave this week as period of rise and recovery after serious correction),hence may be considerd a good prediction as sensex rose over 300 points and much higher compared to lows of monday.
Our trial series of weekly commodity predictions of eight commodities has also given good results and will be reviewed separately later

 
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