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Saturday, February 4, 2012

This's what was Predicted for Foreign Indices

http://www.vckss.cmlinks.com/Admin/Upload/MarketPulse/Market%20Pulse%20September%202011.pdf
In my August 2011 article with caption Double Dip or Buy on Dips, for Dowjones the downside support was predicted at 10600-10300 where on Oct 4th 2011 it touched intra day low of around 10405, currently at 12850+



For Brazils Bovespa the downside target was given at 44000 where on 8th Aug it made low of around 47793 which is currently at 65000.


For S&P downside support given at 1133 however it made low of around 1075 on 4th Oct however closed at 1124 that day. Where on 3rd Oct it closed at 1099. Currently at 1344.


In my Sep article  with Caption Double Dip or Buy on Dips Part-2@ I gave the following support level for European indice and expected it to bounce back@
http://www.vckss.cmlinks.com/Admin/Upload/MarketPulse/Market%20Pulse%20September%202011.pdf


Support for CAC was given at 2750/2702 where on Sep 23rd it made intraday low of around 2693 however closed at 2810 on that day....currently at 3427


Support for FTSE was given at 4851/4838 where on 4th Oct it made intraday low of around 4869 however closed at 4944 that day....currently at 5901 


Support for DAX was given at 5077-4987 where on 12th Sep it made intraday low of around 4966 however closed at 5072 that day....currently at 6767.


Support for FTSE MIB was given at 12895 where on 23rd Sep 2011 it made intraday low of around 13115 however closed at 13664 that day....currently at 16439.




Regards,


Manish Bothra.


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