Intra Day Sensex prediction by Tarot for Monday September 19,2005

Sensex Intra day Prediction based on Tarot cards

Monday ,September 19, 2005

Tarot Prediction: Today,s prediction classified as medium risk

Prediction

"Sensex likely to display even more volatility than last friday. In morning first session ( 10-11.50 am-approx) good rise/recovery after a strong dip is possible. Another strong correction followed by strong recovery may span the middle( 11.50- 1.40 pm) and last session ( 1.40pm -3.30pm) . However sensex may lose much of its recovery/gains by end of day.

Monday 19 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):

1. Go long in the morning after a possible correction in morning with trailing stop loss.
2. Repeat the above if there is another dip around mid session.
3. Go short if strategy 2 has worked well –i.e given profits ( in late afternoon) ( high risk strategy)
4. You can consider going short in morning itelf before any correction sets in. ( high risk strategy)

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