Review of Intra daySensex Prediction for Thursday September 20,2007

On Thursday we predicted shortly after the market opened

"Sensex after a volatile trade in last 30 minutes today is now up about 25 points and this pattern may continue today.Sensex likely to reach near day's high or a peak formation in afternoon between 1-2 pm. Afternoon ( after 2 pm) trade is more uncertain as a very sharp movement up or down is possible ( Bull spread on nifty in afternoon) likely to give good profits"

Review:1. On the postive side, market volatility and timing of day's high point were correct.However uncertainity in our prediction for the late afternoon really required "No strategy "

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