Market (Sensex, Nifty) predictions for 10th December, 2008

Ganesha advises you to wait for the first five minutes as the Nifty opening today and tomorrow may create confusion

From here onwards to 11: 25, Nifty may witness slow and steady buying. But friends, the coming two days are highly volatile. If possible, prepare yourself to trade on circuit prices.

From 11.25 to 13:00, Nifty may observe a selling pressure so notice the trade volume.

From 13:00 to the day end, Nifty will play ‘Kabaddi’ with you. It will first witness buying during an upward trend, then it will slide downward and again it will try to rise up. But, if you want to book profits continue trading during this phase. Do not trade on the basis of some news report, advises Ganesha.



With Ganesha’s Grace,
Dharmeshh Joshi,

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