Wednesday, November 02, 2005

Review of Intra Day Sensex Prediction Nov 2,2005


Our Intra day Sensex Prediction for Wednesday November 02 ,2005 was


" Sensex to rise/recover smartly in morning if it does not open in positive territory Last session of trading likely to see a strong "V" formation- strong dip/fall followed by recovery. "

Link to : Actual Prediction

Review: what actually happened

The sensex after a negative opening after a mild volatility rose smartly. However there was no significant dip as predicted. hence second part of our prediction did not come out right(however Nifty, not Sensex lost nearly 30-40% of the rise recorded by late aftern0on before recovering smartly) . A uncanny resemblance to our Dow Industrial Prediction for Friday October 28,2005 where same card appeared and chart in afternoon took same formation- virtually rising through the day.

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