Review of Intra Day Sensex Prediction ( Tuesday, September 13,2005)

For September 13,2005 ( Tuesday) we predicted ( Link to Full Prediction)

"Sensex is likely to see to good rise/recovery today by afternoon near to day’s highest point.. Hence if you have risk appetite buy in the morning ( first 30-40 minutes) unless sensex has already opened very strong ( a likely possibility). If there is major fall around mid day buy again with stop loss ."

Review: Sensex opened weakly positive. There was a fall of over 40 points just before mid-day and over 60 points rise from the day's low. Hence buying either in morning first 30-40 minutes or as recommened "buy again on a major fall around mid day" would have fetched neat profits. The day's high point came in the afternoon( late) as predicted.

Further though no scrip level prediction for day trade purpose was made, we recommened TSICO, Reliance and Ranbaxy as safe buys unless they opened strong. Thus one would have profits in Reliance and Ranbaxy and loss in Tisco by following these tips.