Review of Intra day prediction Sept 3,2007

Approximately at 12 noon we prediction for Sepetmber 3,2007 (see original prediction below)

"Intra day sensex predictionSensex is currently trading up nearly 82 points at approx 12 noon.Book profits in next one hour as market will slide from day's high point in late afternoon See also weekly prediction below)"

Review: We recommended booking profits for the day ( on intra day trades) before 1 pm. The market slid from 12.50 onwards. Hence all profits would have been protected.

However we expected the fall to come somewhat later in the afternoon. Recovery of sensex after fall would have not of much use for intra day trades as stop losses would hav got triggered off during the afternoon