Review: Indian market prediction for the week Aug 17-21

 

Chart above is for sensex for the week Aug 17-21.

Actual prediction is given below.

 

1. as predicted shorting on monday was extremely profitable on monday with lowest sensex value  on wednesday.

 

2. second half of prediction was uncertain but predicted bounceback in second part of the week. Volatile pattern through week is evident in the chart

 

Prediction for the week (aug 17-21) posted on Aug 17(below)

 

 

Indian market may display a choppy uncertain trend most of the week.

 

1. short index options as market may decine initially and such positions may become profitable before wednesday.

 

2. Market may recover in second half of the week however this part of prediction is more uncertain
 

 

 

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