Review of the Indian market weekly prediction for Feb 18-22,2008

We predicted for Indian stock market market last week  for feb 18-22,2008   Prediction for Week feb 18-22,2008   Long positions(buy) on nifty/sensex  can give profits by mid week ( Tuesday-wednesday).However the week is likely to end with net loss in the main indices.       Review:  Going long during  Monday ( feb 18 monday ) correction   would given good profits by tuesday as market surged up on tuesday.   However as predicted main indices suffered big loss on weekly basis hence shorting on tuesday ( not mentioned) would have given good profits through rest of the week.   Read our bear market predictions in December archives.

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