Guest guest Posted November 22, 2007 Report Share Posted November 22, 2007 prediction for todays market closing in red went wrong as markets spurted upwards at the end of trades to 70 - 90 points high on sensex. may be this effect was due to short covering of the trades which i observed mainly in steel authority and state bank of India. so now in our calculation of the markets ending red, the main point of focus remains on the 3.30 pm and planetary combinations which effect exactly at 3.30 pm. ( though the post closing session result may differ from actual trades closing ) we should think in this direction now. the human sentimemnts factors play an important role in trading too. this we observed today in short covering of trades which took the markets high. what else could be the factor to make our prediction false as we saw totally negative market thro the days length. members opinions input welcome. Quote Link to comment Share on other sites More sharing options...
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