Monday, April 28, 2008

Weekly( april 28-May 2) Stock market prediction -selected world markets

Please note most key markets may undergo correction around mid week ( read Tuesday Wednesday)

Chinese (Shanghai Index): Buy on correction early in week as upward trend for most of the week

Nikkie 225 ( Japan): Volatile week. Sell index till mid week

Hang Seng: A week of correction till mid week. Sell Index

FTSE 100: Buy on correction today and hold till Thursday

Dow 30:Upward trend. Better to buy than sell

Sensex: Upward move after a mid week correction (see trade strategy no 17 below carried over from last week)

Closing values for last week for various indices given below

Shanghai Composite

3,557.749 Apr 26

Hang Seng

25,516.78 Apr 25

Nikkie 225

13863.47 April 25

FTSE 100

Dow 30

6091.40 April 25

12891. 86 April 25

Sensex

17125.98 April 25,

Dow 30

Disclaimer: all risk to be borne by trader. Weekly prediction for world markets being attempted for first time. Table above shows closing value for some of the world markets predicted

 
[Valid Atom 1.0]