Review: April 2009 Predictions for Indian stock market

As seen from the chart index has seen substantial gains over march closing( such vast gains were not predicted). Also correctly predicted were mid month and end of month corrections

next possible post on this blog: Indian market in May 2009, Intra day may 4

see http://www.ckal.in/ for IPL cricket predictions

April 2009 as Predicted for Indian Stock markets( below)

1. Main index like sensex like to make net gains over march closing(9708-march 31)

2. sharpest correction in the month will be in mid phase of the month ( earlier part of 10-20 april)

3. Last 5-7 days to be very volatile

4. Call option can be purchased for next few days. Short index once nifty rises 100-150 points

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