Sensex Target 1 achieved amid bear onslaught !!!

On Tuesday, April 3, 2007 (Sensex 12625) we wrote amidst all the chaos and mayhem.........'DON'T PANIC...Sensex will be back around 13,000 levels'.....'All the hue and cry will soon die down and the Sensex is likely to bounce back 200-300 points soon and can check the 13,000 levels'. By April 5 the Sensex rose in intraday trade to 12,900 levels - a gain of 275 points. This completed the first target and looked good to achieve the second target too !!!