Thursday, July 31, 2008

July Expiry Target Met - Viral Joshi

Refer to my post of June 30, where I had given the following targets for the Nifty, for the next six months. I had said:

July - 4300;
Aug - 4700;
Sep - 5000;
Oct - 5200;
Nov - 5500;
Dec - 6000.

As visible above, the target for July has been achieved. Now, we should look forward to 4,700 for the months ahead. All the above targets are given on a base of last 4 years calculation of average expiry after a bear run is completed.

Your comments are welcome.

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