Thursday, September 22, 2005

Intra Day Indian Stock Market Prediction for Friday September 23,2005

Prediction: Medium to High risk

Friday Septmber 23, 2005


" Sensex likely to very volatile. After a initial dip/correction in morning itself sensex is likely rise/recover strongly by late morning to mid session (11.50-1.30pm) . However sensex may lose much of its gains/recovery in late afternoon ( last session) though this may be temporary.


Possible Intra day Strategies

1. Go long ( buy) in morning after initial correction.Use trailing stop loss.

2. Go short (sell ) in afternoon after any strong recovery/rise with trailing stop loss.

Starpundit

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