Updated Review : World Markets this week-Prediction for May 25-29

 see chart for last 2 days except Nikkie ( for last three days -may 25-27)

 

Summary: All weekly prediction based Trades are in black( profitable)

 

1. Nikkie 225 : Short position recommended at start of week and long position on tuesday correction -both are  profitable now

 

2. DAX: strong correection till tuesday afternoon has given strong profits. However bounceback has already occurred.

 

3. Sensex/Nifty- Correction of 300-400 points has already happened but further correction is not ruled out today(see intra day prediction for today)

 

WEEKLY PREDICTION AS POSTE EARLIER

 

 

Pls adjust the correction/bounceback dates if any of the markets have less than 5 trading days this week

 

 

Japanese Stock markets(Nikkie 225): Short Nikkie 225 index ( now up 85 points in morning) once it cross +200 points. This is likely  to become profitable by mid week.However any correction on Tuesday should be treated as opportunity to take long position for 1-2 days

 

 

Dax Index(germany): short index on positive values of index as market may see see a strong correction  by/before Wednesday before a bounceback towards end  of week

 

 

Sensex-Nifty : Mixed trend. sensex after a strong (300-400) point correction may see upward trend. Hence take long position after correction materializes by/before mid week

 

US market prediction may be given later.

 

Sensex-Intra day May 25: Buy call options after any sharp dip or correction before 11.30 am.