===> 13.7.2010 To 16.7.2010---CLOSE----Nifty 5354 ====> Overall Weekly Closing May Remain Positive .
Long Prediction
LONG PREDICTION--22/5/2008--NIFTY CLOSE WAS--5124====23 may 2008 to 9 July 2008; bearish trend. Heavy down fall in nifty. Sell at 5168. Target--4858-- 4658--4432--4108--3958 and can go more below 3822. please be careful(causious)=====Target Achieved.
Following Business Points Always Keep In Mind……………
Stock Market has to remain down if following things will be happening…….
If crude Oil Prizes goes high (Increased Crude Oil Prizes that threatens
vulnerable economy)
If Industrial Growth goes down (Indian Industrial growth slips to six-yr low of
3% in March 2008)
If Inflation Rate goes high (India’s Inflation rate has accelerated to a 44-month
high of 7.83 percent)
If Unemployment Rate goes high.
If US sub-prime mortgage crisis goes on continue.( The US sub-prime mortgage crisis
has lead to plunging property prices)
If Federal Reserve continue to cut its US interest rates. (It is the seventh rate
cut since last September, which has seen the federal funds rate drop from 5.25%.to
2.00%)
If financial instability continues in US. (Already banks have announced $60bn worth
of losses.)
IF U.S. Credit Crisis hits Home, Students Loan.(This is only due to Fed rate cut
since from last September.)
If A Pending Election may be announced suddenly that may be a point to fall market
sharply in the coming few months.
So, How the stock market will remain steady. It’s impossible…It has to go
down….
