Indian Stock Index Trends 25 Jan to 29 Jan 2010 – Review

In the trends for this period we had specifically indicated fall in the market. The forecast made on 10 Jan for this period is repeated here.

From	To	Trend	Remarks
25 January	29 January	Fall	Both way movements. Some fall in the market may be witnessed. Market holidays on 26 January, 30 and 31 January

There were two way movements and also a steep fall in this period as per the forecast given in this regard. We give below the actual Nifty figures for this period. Compare the closing Nifty figures of 29 Jan with the previous closing of 22 Jan.

Historical Data for S&P CNX NIFTY For the period 22-01-2010 to 29-01-2010
	Date Open High Low Close Shares Traded Turnover  (Rs. Cr) 22-Jan-10 5094.15 5094.15 4954.85 5036.00 270251977 10414.08 25-Jan-10 5034.55 5035.70 4983.05 5007.90 166405391 5714.17 27-Jan-10 5008.50 5008.50 4833.05 4853.10 274773820 9800.33 28-Jan-10 4863.00 4929.90 4824.95 4867.25 275868897 10614.04 29-Jan-10 4866.15 4893.70 4766.00 4882.05 265191792 10116.63

In this period the forecast was for Fall and Nifty fell by 154 points – from 5036 to 4882.