Sensex is roughly doubling every 4 years since 1979
1979=100
1983=200
1987=400
1991=800
1995=1600
1999=3200
2003=6400
2007=12800
2011=25600 (Expected)
If you break the 2007-2011, the estimated mean would be as below:-
2008=15000
2009=18000
2010=22000
Equivalent nifty figure is 6600 (37% from current values).
Markets have recovered from the global earthquake of 2008.
Stage is set for the grand bull-work!!!
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