Indian Stock Index Trends 12 Feb to 19 Feb 2010 – Review

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

From	To	Trend	Remarks
12 Feb	19 Feb	Rise	Despite volatility, the market may show rise during this period. Market holidays on 13 and 14 Feb. However within this period there is a possible fall on 15 Feb, Rise on 16 Feb and again fall on 17 Feb.

Indian Stock markets witnessed lot of volatility during this period. But the eventual rise was still intact. We give below the actual Nifty figures for this period under review.

Historical Data for S&P CNX NIFTY         For the period 11-02-2010 to 19-02-2010
	Date Open High Low Close 11-Feb-2010 4757.25 4843.80 4757.25 4826.85 15-Feb-2010 4827.90 4845.60 4783.90 4801.95 16-Feb-2010 4801.80 4880.00 4791.35 4855.75 17-Feb-2010 4858.65 4929.70 4857.60 4914.00 18-Feb-2010 4915.10 4922.05 4873.70 4887.75 19-Feb-2010 4887.30 4887.30 4805.55 4844.90

In this period the forecast was for Rise & there was a net rise of 18 points - from 4827 to 4845.