Thursday, March 18, 2010

Review: Intra day Prediction for Indian stock market March 18,2010

The high risk prediction as posted 3 hours before indian stock markets
opened was(see previous post for original prediction)

1. Indian stock market may today experience strong volatilty or
choppiness of limited range.

2. After initial correction markets may move up and peak( either in
positive or negatve territory) before crashing. Markets may recover
towards end of day.

As the intra day nifty chart shows prediction was largely on target on
most aspects, though not easy to trade due to choppiness.

Last 2 IPL prediction of March 16 was off mark as also NBA game
between Miami and San Antonio

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