Monday, July 27, 2009

Review: Indian market prediction - july 20 -24

As seen in the chart, long positions generally were profitable by mid week ( wednesday). High point of wednesday is quite close to peak of friday due to significant correction on wednesday itself. No correction took place towards end of week

 
Weekly Prediction( july 20-24) as posted on july 20-below
 
Further based on weekly outlook( not published separtely) market will tend to bounceback.hence long positions can be created on correction today which if not profitable by end of day likely to become profitable by/before mid week( a volatile week)

 
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