wait and watch Don't buy

As i told earlier market went down around 400 points in two days,volatality will continue before budget sensex will go down upto 16500 to 17000 range so one should be very careful in this indian volatile market.At the same time our india's fundamentals are really looking strong.In long term prespective sensex will touch 2100 to 22000 range before end of 2008 according to technical analysis,In near term the volatality will continue.Feb 28&29 is the crucial days for indian stock market.During those days we can buy some postions so wait and watch as of now.