Review: Intra day Prediction for Indian stock market, Sept 15,2009

Read bullion/metal/oil  calls for today  in previous sections.

 

Intra day nifty chart for sept 15 prediction above shows call to buy in aweak global market cues was on target.

 

secondly market corrected temporarily by over 30 nifty points -almost 36% of highs before recovering( though this correction is dwarfed by large increase in nifty/sensex)
 

Prediction as posted yesterday for sept 15 before market hours(below)

 

 

Indian stock market is expected to hit a high point in afternoon around mid day. But lateafternoon may see a volatility with possibility of strong correction.

 

1. Buy call options in morning and add if market corrects in morning

 

2. If 1 is profitable ,short index options(buy put options) in afternoon with trainling stop loss.(this part of prediction carries higher risk)

 

Buy/sell call may be given during the day.

 

Review of past predictions will be posted later

 

No commodity prediction wil be posted today.

Usual risk/responsibility disclaimers apply