Review: Indian market prediction for the week Aug 10-13

On the positive side(see weekkly sensex chart august 10-14)

 

1. shorting on monday at close to recommended level would have been profitable on monday itself or wednesday

 

2. Going long on 150 point correction on wednesday would have been profitable on same day or thursday.

 

On negative side indices gained on weekly basis contrary to prediction. There was an error in reporting a 4 day trading week on assumption of holiday on august 14.