Review - Indian Stock Index Trends - 15 March 2010 to 16 March 2010

The following trend was sent to you on 10^th March

From	To	Trend	Remarks
14 Mar	14 Mar	Fall	Specific indication of fall is made here although it is a market holiday. This indicates that on 15 March there may be some impact of the developments of 14 March
15 Mar	15 Mar	Rise	Despite the above observation the overall market trend continues to give rise only. There may however be initial volatility on the morning of 15 March. But eventual strength will emerge.

From	To	Trend	Remarks
15 Mar	16 Mar	Rise	Market may show firmness as a momentum of the continued rising trend.

We give below the actual movement of Nifty on these days.

Historical Data for S&P CNX NIFTY For the period 12-03-2010 to 16-03-2010 Date Open High Low Close 12-Mar-2010 5131.80 5158.10 5122.10 5137.00 15-Mar-2010 5134.45 5151.05 5101.20 5128.90 16-Mar-2010 5128.95 5209.25 5125.70 5198.10

Read the specific comment about 15 March. As a result of the planetary indications of 14 March, the market opened weak. By 11:00 AM it drifted down to 5103 (about 34 points down). Thereafter the market started moving upwards and finally turned positive at 1:30 in the afternoon.

In this overall period of 15 and 16 March for which the forecast was made, Nifty rose by a total of 61 points, from 5137 (previous close) to 5198 (current close).