Saturday, December 10, 2011

market may trade in 5400- 5800 range in next quarter

We are expecting a good time is coming soon ..as  Diwali of 2009  and 2011 were at same level approx and same fall we have observed .after both Diwalis ...so now we are expecting a nice bounce as we saw in 2010 ....History will repeat again ...Expecting 4800- 5200 range will break and  market may  trade in 5400- 5800 range in next quarter
From a 52-week high of 20,664.8 points on January 3, the first day of trading in 2011, the market benchmark Sensex has fallen to 16,213.46 points now and some analysts foresee the index falling to as low as 14,500 level in next six months. 
http://economictimes.indiatimes.com/markets/stocks/market-news/bofa-merrill-lynch-names-india-as-the-worst-performing-market-this-year/articleshow/11069554.cms

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