Review of Intra day commodity prediction-(trial series) Chilli Guntur June 27,2007

3 Chilli Guntur

Prediction 3: Red chilli Gunter July futures. Sell in late afternoon (3-4 pm) approx if prices have seen sharpening prior to this ( close to intra day high).trade will be volatile today

Result: Those prices fell sharply in the indicated period, the strategy was invalid since the Sell recommendation was conditional on rising of chilli futures prices before the fall . The rise prior to fall was not significant enough. Hence neither a profit nor a loss making strategy