Friday, September 30, 2005

Review of September 2005 Sensex Prediction



Our prediction for September 2005 was

Link to Actual September 2005 Prediction

"Unfortunately the cards for September are less clear than they were for August ( see review in a few minutes for August 2005 Prediction)1. First ten days to see big swing (rise-fall-rise).2. Sensex likely to cross the much awaited 8000 mark but probably not in the first ten days of September.

We also wrote in e-book 100 Predictions of year 2005 that September will be among the best months for this year for stock markets"

Review: What actually happened

Sensex crossed 8000 in first ten days of this month though in the very end ( 8 th September). Starting from about 7800, we had a bullish outlook for september hence predicted crossing of 8000 mark this month. That september was was one of the best months of the year is proven by a nearly 800 point jump in sensex this month i.e bulk of increase came in last twenty days ( read the rise for September month from 3 month Sensex chart above)

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