Intra day Predictions for US market- aug 26

This is again a high risk prediction.

 

US market may be too choppy /volatile today or simply rangebound.

 

After an earlier dip or correction extending to afternoon, markets may bounceback towards late afternoon/closing session

 

1. short index on positive opening

2. go long if market corrects 70 points( unles sbiz news indicates sharper correction by afternoon)

 

 

On Kaching a/c we maintain a bullish outlook as predicted for US for the month( last ten days) . shorts to be created to make some gains today and shuffling of portfolio to include other stocks