Review of Intra Day Sensex Prediction ( september 12,2005)

Link to full Prediction: For September 12, 2005 (monday) we predicted

"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 ( (can't 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."


Review: Sensex opened positive as predicted ( we rarely predict nature of opening at BSE) and fell 25-30 around 11.30- lowest part of the Intra day i.e just before mid day and thereafter made a rather smart recovery of abou 40 points but path was not volatile as anticipated. Our Intra day strategies ( see full prediction) of going short in morning and long around miday would have fetched good profits especially in latter case.