Wednesday, March 21, 2007

BSE Sensex 400 points bounce back Target Achieved!!!!

On March 15 wrote ......'Markets are poised to spring a surprise with a sharp bounce back of 300-400 points in the next few days'......when the BSE Sensex was ruling at 12,543. Today the Sensex had ended at 12,947..... up 400+ points from March 15 levels - the day when all the experts were unanimous in trying to talk it down to 11,500 levels. Experts on leading television channels have expressed 'surprise' at the upmove and have admitted being caught on the wrong foot. Another 300-500 points upside cannot be ruled out from prevailing levels.

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