Weekly stock market forecast .

Markets in the past week remained extremely choppy.
Sensex and Nifty down over 6%. IT index was down over 10%.
Inflation data came at 12.14 V/S 12.10. A moderate increase.
Crude Oil trading range bounded at 106$ / Barrel.
Vote on Nuclear deal is to be held this week.
Another US major join hands with LehMan Bros. and AIG would be Washington MF.
If Washington MF doesn't get bail out plan of US Federal we have another major down fall.
Indian markets as seen are dancing on the global puppets.
Not much good news this week.
Banking and IT may see more hard time.
Be aware , Be cautious.
Happy Investing.!

Vinod Jethmalani.