Market (Sensex, Nifty) predictions for 12th 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.
The period between 13:45 and 15:15 will be highly volatile (10 minutes give or take)
Ganesha says that today don’t just trade for the sake of trading, but for making profits while trading. Keep this in mind and all will be well.
9:10 to 11:15- Trade only if you have confidence in yourself and the market. Enter only after taking a close look at the opening. During this period, the market is likely to come down step-by-step after the opening.
11:15 to 13:45- Expect a significant rise in volume in Nifty. The behaviour of the market during this period can be compared to a Twenty20 match. This period the market graph may form an up-down-up… pattern.
13:45 to 15:30- During this period, balance your spirit. This is the time when your fortune connection can help you.

Gujarati