Date with the History

On 22.03.2009 , INVESTCHIPS predicted bear onslaught.

Short-term traders can join bears to enjoy the merry time. Nifty trades can short with stop loss. No investment buying advised in this week.

But due to short covering, manipulation and heavy FII purchase market reached new intra month highs. Intelligent traders shorted the market in the April series. On 28.03.2009, we wrote that “Still we are bearish. Elections going to be a big impediment to any upmove. Trade with stoploss.”

Today ,the markets ended sharply lower, breaking a five-session winning streak. The benchmark indices saw a huge sell-off on the back of weak global cues.

Now judge our predictions.

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