Intra day sensex by Tarot ( Thursday, 04 August 2005)

Sensex Intra day Prediction based on Tarot cards
August 04, 2005 ( Thursday)

Tarot Prediction: Today’s prediction classified as medium risk

Tarot Prediction: Prediction in two part .Part 1: Morning till afternoon (say 1.30 pm –2 pm ) and Part 2: Late afternoon after 1.30 pm

Part 1: Sensex likely to recover/rise to intra- day’s high point or close to highest point by 12.30-1.30 pm. What will happen in part 2 ( after 1.30 pm) is less clear: Possibility of strong volatility in late afternoon seems on cards. Additionally : Sensex may close with marginal ( small) change ( high risk component)

Thursday, 04 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):

Strategy 1: Buy ( go long) in the morning minutes if there has been a weak opening in the keeping a trailing stop loss

Strategy 2: Go short ( sell) afternoon if market has risen sharply keep a trailing stop loss ( high risk strategy)

Strategy 3: Go long again if there is sharp fall in afternoon ( v.high risk strategy)

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