The rupee's surge helped cut India's inflation rate to an annual rate of 3.4 percent in September, from a two-year high of 6.7 percent in January 2007. Price increases will rebound to 5.5 percent by March next year 2008.
Oil hits record $84 on supply concerns---Oil hit a record above $84 a barrel on Friday on mounting tensions between Turkey and northern Iraq and lingering supply concerns ahead of the Northern Hemisphere winter.[oil stocks can move up]
The 14-day RSI (Relative Strength Index) for the Sensex and the Nifty continues to remain in overbought zone at around 77. SELLERS SHOULD SELL INDEX ABOVE 80% RSI,AS INDEX CAN MOVE UP RAPIDELY IN THIS SITUATION
15Th Oct ++--[market will open positive but can can go down due to cautions of s&p500 earnings]
16Th Oct ---+
17Th Oct +++-
18Th Oct ++--[rangebound,volatile]
19Th Oct -+++
and
22th oct +++-
its hard to say but no big crash till 15 nov.after 15 nov indication of crash so be cautious
after 26Th of nov2007, Golden year of sensex may come to end.
as before, seller will win the game... for short and medium term
=== this all projection based on technical analysis and macro,micro upcoming economical strategy global market
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