Thursday, October 05, 2006

Intra day prediction for sensex for October 05,2006

As promised here is intra day prediction for sensex based on tarot cards.

Strategy 1: Buy in morning if market opens weak or negative

Strategy 2:Sell in late morning/noon if market has attained over 80 points as a sharp and volatile downswing will take place.

Preferred strategy is the first one as in the second case market will recover after fall/steep loss of morning gains and second half of the day will be especially volatile hence strategy 1 is safer with trailing stop loss.

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usual disclaimer of risk and responsibility applies.

see also monthly prediction below

 
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