Review of weekly prediction ( Sept 3-7)
For the week before the last one we made the following weekly predictions ( please scroll down or see in the archives list on the right side)
Weekly prediction Sept 3-7,2007)Indian stock market will maintain uptrend.However buying is recommended upn correction/pullback which occur in late afternoon today or tuesday. Market may not sustain highs attained by end of week.Hence book profits on Thursday or Friday upon any market intra day surge"
Review: As can be seen ( in conjunction with intra day prediction for sept 3), intra day correction on Sept 3 provided opportunit for buying which would given good profist by Thursday-Friday. As predicted market lost most of gains of Friday after the initial surge