How can guess the upper and lower level of the share market

key indices extended losses for second consective tradind session ahesd of the announcement of inflation figures later yesterday. other concern of weakness in global markets and ongoing political tussle over the nuke deal kept the bears in control. we expect a flat to hogher opening to the trading session with global markets notching up gains.crude oil price have slipped shaply after china decided to raise fuel prices,stocking speculation that demand from the word;s second -biggest oil consumer could slow.later in the day,inflation mumber will dicate the naar trem trent of the market.we expect the inflation the week ended june 7, 2008 to be in the range of 9.7-9.9%.these numbers are more or less factored in. however, an even higher inflation figure could agin put presure on the bulls.

Well, i know a lil about share market, that when there's a high up in the market share then there must be a down in a few days...so better to keep away when market is going up and up...lol