Intra day Indian stock market Prediction Aug 21

Indian stock market main indices are expected to reach a peak  possibly highest point by afternoon. second half is more uncertain with possibility of a correction (temporary?)

 

1. Buy in morning if market opens with negative bias. It is possible market may dip in second half or so ( before noon). One may buy if market corrects in fist 80-90 mts

 

2. Hence short for small profits on strong opening of nifty over 50 points.

 

3. short index if prediction overall for the day(first half)  is correct and profits are made in (1)

 

Actual trade may be recommended after observing initial trading pattern

 

usual disclaimer applies