Intra Day Sensex prediction by Tarot ( Monday September 12,2005)
Sensex Intra day Prediction based on Tarot cards
September 12, 2005 Monday
Tarot Prediction: Today's prediction classified as medium risk
Sensex is likely to fall to day's lowest point around mid part of the trading day but will make a recovery in a a volatile fashion ( (cant say recovery if it happens in afternoon will last.)
Sensex is expected to open positive and fall thereafter. However if sensex is negative in initial opening minutes, it will make smart recovery before falling around mid-day or little earlier.
Monday 12 September 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: Go short in the morning in the first 45 minutes particularly if sensex opens positive as is quite possible
- Go long ( buy) if market opens negative as smart transitory recovery is possible with a trailing stop loss
- Go long ( buy) around mid day following a sharp dip
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