Review of Sepetmber 5, 2005 Sensex Prediction

For September 05,2005 Our Intra Day Sensex predictiion was

(please note we had labeled this particular as v.high risk prediction and not to be used for day trading-

"Today's prediction is divided in three parts .in the morning (first 1/3 of today's session) likely to be more volatile. if market opens positive or rises quickly sharp fall will follow. If market opens negative good recovery will follow in morning session.. Mid day likely to see sharp fall.last 100 minutes (approx) of today's trade is least certain- sharp but largely unsustainable recovery may happen in the last session."

Link to full prediction: Sensex -Septmber 05,2005

Review: See Intra Day chart above: It was not a good prediction.There was no volatility inmorning.Though Sensex climbed up from a weak start-merely 2 points up from previous close ( not a negative opening), it did not fall till mid day and that too by mere 20-25 points. However as per last part of prediction, Sensex recovered only to fall heavily in the last session"However inspite of fact that there was no heavy volatility in morning and no major fall around mid day- as a day trader you would have still made good profits