Review: Intra day Prediction for Indian stock market, Sept 8,2009

See the intra day chart and prediction below. Though market did not open with correction, shorting would have given good profits. Peaks occurred between 1-2 pm amidst volatility( around 60-65 points of nifty)

 

Prediction as posted before market opened(below)

 

The indian stock markets ( and main indices nifty-sensex) likely top dispaly a very volatile or just range bound pattern with one of the peaks appearing around mid day -early afternoon.

 

1. Buy call options on early morning correction.

2. Index can also be shorted when nifty gains 60-65 points

 

Actual buy/sell call may be given after observing initial trading pattern.

 

No commodity prediction wil be posted today.

Usual disclaimers apply