Review : Prediction for July 2009

see Monthly chart for  Sensex-july 2009

 

1. Sharp correction in early phase of July was predicted (see also the weekly prediction during the week of correction) as also bounceback from every correction during the month .

 

2.However prediction of net large monthly gains in main indices was not predicted

 

 

 

Link to July Month 2009 Prediction. Click here ( original posted below)

 

Indian Stock market prediction for July 2009: No single consistent trend is seen for this month. Market will tend to bounceback after every correction with at least one correction that may be much significant than others and may follow as early as mid-to end of next week.

There is greater indication of sharper correction in Nifty