Predictions 2010

Firstly I would like to review my 2009 predictions

Predictions 2009

1. Prediction: Rupee to make high of around 52 in next six months when it was at 46 .

Actual: Dollar made high of 52.13 .

2.Prediction: Gold to double in 3 years predicted at 900 $

Actual: Gold currently at 1193$ .

3. US markets to Fall in a big way very soon predicted at 9400.

Actual: They never fall but they remain range bound for sometime and then moved up to touch 11200.

4. Prediction : There is very high probability that Dollar has made a top at 52.13 when rupee was at 50.

Actual: Dollar reverted back after that and touched 44 and is currently trading at 47.

Predictions 2010:

1. Indian Stock Markets are currently at around 18100 and if it moves up and sustain above 18500 for atleast 15 days then I believe it can touch 27000 in next 1.5 years. So this target holds true only if we move above 18500 and stay there for some time.

I believe one can make a living out of this upmove if one is smart enough to play this correctly.

2. Dollar to hit 35 within 2 years.

Note: I have the every right to go wrong as these predictions are only based on technical patterns which have a good probability of success but not always.

(Many people might have heard about Fibonacci numbers ,I believe the big secrets of stock markets lies in that . I will post some of the amazing facts that these magic numbers have done in my later posts)