market is in negative trend

As, I told earlier the market is looking negative.see my older posts.negative movement will continue.indian stock market is in negative mood because of the global cues, i.e global markets such as US,singapore,nikkei,hangsung were down.In china they are going to take some policy decisions this is what the reason for fall in hongkong stock market these global cues adversly affecting indian stock market also.Every year some correction is happening in indian stock market after filing the budget. sensex will go upto 16000 range in near term .nifty will go upto 4750 becareful in this indian stock market.