Indian stock market-sensex/nifty Prediction for May 2009

On May 4 ,sensex closed at 12134 up 731 points.

Cards indciate that market may do well in the ongoing phase while a severe correction is due in the mid phase (edited- 10-20 may approx) of may ( corresponding to pre and post election results dates???) .

However amidst volatility indices like sensex will move up thereafter. Overall net gain is possible even counting from yesterday closing but episodes of severe volatility being a distinct possibility.
NO intra day prediction to be posted today

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