REVIEW OF MARKET ON 18-05-2009

CONGRATULATIONS TO THE GREAT BULLS!
Today nifty in a record surge touched the third resistance level given by us on 09-04-2009
ie.4396-4448. It touched 4418 and closed at 4370 because of the circuit breaker ! When we gave these projections perhaps nobody believed this. But just look back a month and verify this.
This is the power of gravity waves!
vidyabhaarati.

FORECAST FOR 12-05-2009

We had on 06-05-2009 given the forecast that due to negative wave formations the markets
are due for corrections from the weekend.On Friday the markets witnessed selling pressure
and nifty fell by 56 points and on Monday it fell by 68 points. This has no link to the elections
in India as the markets in Asia,Europe and America also fell and is linked to the negative
waves only.Technically this trend of weakness and bounce backs likely to contnue till the
markets corrects about 450 points in nifty to bring in required momentum.
Vidyabhaarati

FORECAST FOR 06-05-2009

We had on 09-04-2009 given the nifty resistance levels at 3500 , 3900 etc. Now we
see the negative waves ready to set in from this weekend which is likely to bring in
corrections . So be cautious of long positions.
Vidyabhaarati.