Reproduce my March 2012 View of Sensex Closing in December 2012 ~ predicted 18000+ Closing @18750 => we’re at 18500 levels just over a month away !

Thought I shall reproduce my March 2012 View of Sensex Closing in December 2012 ~ predicted 18000+ Closing in December 2012 @ 18750
This was purely based ,as it should be normally,on Earnings Forecasts  and PE Multiples~ so far 2012 trend has remained true on this basis ~ there has been no real significant abnormal skewness on account of Global or Domestic Macro Economic or Geo Political Issues 
Today,just over a month and a week away from Calender Year 2012 Close , on November 22,2012 our Sensex closed at 18517 ~ bang on target so far !
Sensex is up 19%+ so far in 2012 and 15%+ if adjusted for the  4% Rupee Drop vs the US $ From Rs 53 to Rs 55 so far in 2012 ~ India certainly has been a good place to be for Global Investors in 2012 ~ As of now I don’t see why 2013 should be any different ~ It’s been Positive on the Indices and even more Positive on Specific Astute Stock Selection
Reproduced below
Sensex  Close ~ December 2011 – 15455 …..December 2012  – ? Macro Indicated at 18000 + ~ Que Sera Sera…..

Sensex Close December 2011 ~ 15455

 Sensex by December 2012 ?…Macro Indcated at 18000+

 Sensex as on March 7,2012 is 17146

Intra Day High in 2012 on Feb 22,2012 ~ 18524

 Sensex Levels = Projected Sensex EPS FY 13 * P E Multiple

 EPS  FY 2013 projected from Assumed Flattish Sensex EPS of

1100 in FY 2012 with @ 13 % Likely Earnings Growth in FY 13

Likely

Optimistic

Aggressive

Projected EPS FY 2013 =>

1250

1300

1350

P E Multiple

<——————

Sensex Levels

—————>

10

12500

13000

13500

15

18750

19500

20250

20

25000

26000

27000

25

31250

32500

33750

 In 2012 the Macro Valuation indicates that the Sensex is going to be range bound in the 13 to 16 Multiple Level of the Likely Sensex EPS of 1250 for FY 13 …that gives a range of 16250 to 20000…It should close upward of 18000 in December 2012

 Keep an Eye on Quarterly Sensex EPS Trends in 2012 as well as Global and Domestic Macro Cues, especially Crude Oil Prices  

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