Sensex prediction for November 2005 by Tarot
Prediction for November 2005 by Tarot
Prediction claissified as medium to high risk
Though Sensex has risen more than 180 points in first two days of the month, this will not be the story for entire month.
Indian stock market can be expected to close above October closing of 7982 but not significantly above this. However before November 21 market could run up significantly above today's levels amidst volatility which will be most prominent in the mid phase of the month. Last ten days of month could see correction. It will be safe to sell Nifty calls or buy Nifty puts if market runs up in second week of the month
Strangely, there are signs that IT stocks may not do very well this month- ( perhaps on possible rupee appreciation against the US dollar ).
Starpundit
Prediction claissified as medium to high risk
Though Sensex has risen more than 180 points in first two days of the month, this will not be the story for entire month.
Indian stock market can be expected to close above October closing of 7982 but not significantly above this. However before November 21 market could run up significantly above today's levels amidst volatility which will be most prominent in the mid phase of the month. Last ten days of month could see correction. It will be safe to sell Nifty calls or buy Nifty puts if market runs up in second week of the month
Strangely, there are signs that IT stocks may not do very well this month- ( perhaps on possible rupee appreciation against the US dollar ).
Starpundit
posted by PtGyan.com at 2:31 AM
0 Comments:
Post a Comment
<< Home