Friday, March 26, 2010

Intra day Prediction for Indian stock market March 26,2010

Intra day prediction for sensex/Nifty for March 26,2010

Market Outlook: Possibility of chopiness ,volatility with bouts of
strong correction and rise/rebound

Details: Market may rise form any initial weakness/correction andmay
reach a high point before mid day ( either in + or zone). Strong
correction and rebound in last hour could follow

Strategy:1. Buy call options in first 30 mts on correction of 50-80
points in sensex .

Strategy 2: Buy Put options. However level is not being indicated (
possibly around 12- 1pm)

Strategy 3 : Buy call options again i nlast 70-80 mts if market has
corrected and profits have been made earlier in the day

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