Review: Intra day Prediction for Indian market- aug 27

 

see the intra day chart and prediction below posted before market opened.

 

Predicted as posted on august 27(prior to market opening)

 

 

Indian stock markets ( main indices) may rise amidst choppiness to day's high point or peak in afternoon ( approx 1-2.30 pm) before giving up some gains.

 

1. Buy if markets corrects in morning ( 50-60-75 points on nifty)

2. short index in afternoon ( no levels being indicated)

 

 

 

Proft and loss on yesterday's commodity trade calls

1. Three trade calls were given in addition to predictions.

2. maximum Loss on chill was Rs 5000, profit on one lot of gold futures was rs 1500, oil futures did not meet price target