Market (Sensex, Nifty) predictions for 06th August, 2008

From 09:55 to 10:55, Nifty may take the form of the sign used to tick mark right.

From 10:55 to 11:55, Nifty may move towards the peak. Ganesha advises you to trade while maintaining a stop loss.

From 11:55 to 12:55, Nifty may catch a downward trend. But, friends, remember that which has been mentioned in the previous sentence throughout the month;the average of the day will be positive whereas there may be a volatile undertone and hence there may be a chaos.

From 12:55 to 13:55, there may be an upward trend. But, each sentence is mutually exclusive and hence maintain your position accordingly. Turnover may be good during this phase.

From 13:55 to 14:55, Nifty may remain highly volatile and this shouldremind you to book the profits.

From 14:55 to 15:30, if everything is according to the above stated sentences then there may be a sudden downward shift even though it is a short phase.



With Ganesha’s Grace,
Dharmeshh Joshi,

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