Intra day Indian Stock Market-Sensex by Tarot

Sensex Intra day Prediction based on Tarot cards

August 08, 2005 ( Monday)

Tarot Prediction: Today's prediction classified as medium risk

Prediction:

Overall Sensex to be volatile particularly in morning and late afternoon sessions.

There is a possibility of big swing ( over 50 points) in first or even first few minutes of trade. In late afternoon again a fall possibly followed by recovery.

Monday, 08 August 2005)

These predictions will work best for indices and basket of stocks strongly correlated with Sensex ( e.g Nifty)

Possible Intra day Strategy(ies):

1. Strategy 1: Buy ( go long) in the morning if there has been a sharp fall or negative opening in the keeping a trailing stop loss
2. Strategy 2: Go short ( sell) in the morning if market has risen sharply or opened with good gains ( over 40 points approx) keep a trailing stop loss

1. Go Short ( sell ) in the afternoonkeeping a trailing stop loss. This strategy could be especially adopted if you notice a period of relative calm in the afternoon as this might signal sell off is in the offing keeping a trailing stop loss

Next possible predictions/ posts: SL Cricket Final, performance of Baidu shares on Nasdaq, Intra Day US stcok market

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