Market (Sensex, Nifty) predictions for 11th January, 2010

For better understanding of our Nifty predictions for a given period, it is essential that you keep in mind the predictions given in the previous period, says Ganesha.
For every prediction, expect a variation of 10 minutes.
Friends, the net weightage for January 2010 is 0.05, which was only seen in February 2008, when the market was marginally positive, and on June 2008, when market shed a lot of points. Thus, it is advisable to avoid a long-position during the month. Ganesha suggests that you rely on F&O or call-put during this month. There will be no clear trend.
This week is best suited for intra-day traders.
9:10 to 9:30- Any money earned during this period will be a hard earned money. Even though the trend is positive, you will have to struggle for every penny.
9:30 to 11:15- The market is likely to move downwards. Be as focused as if you have sat for an exam.
11:15 to 12:20- Nifty is set to move up.
12:20 to 15:30- This period is pathetic. Avoid taking a position on a lot of scripts. Also, don’t go for both call or put during this period. It is advisable that you pick one direction and stick to it.

Gujarati