Market (Sensex, Nifty) predictions for 15th May, 2009

The weightage of the day is positive. But, there are chances that you may remain confused.

Today, Nifty may open from the upward side, but may immediately move down. Hence, before taking any action, just wait till Nifty begins. This phase may prevail till 10:25.

Nifty may make an M shaped graph from 10:25 to 12:15. Hence, check out Niftys figure in the previous phase before taking a decision.

From 12:15 to 13:11, by Ganeshas grace, investors, FII, mutual fund traders and tactful players in Nifty can opt for buying. But, Ganesha advises you to be extra alert.

From 13:11 to 14:07, selling pressure may prevail.

Ganesha advises you to buy and sell during 14:07 to 15:30. At the beginning, Nifty may elevate but may nosedive again. Hence, do not take any big position.

NOTE: In the coming week, Ganesha says that 20, 21 and 22 are not so favourable.



With Ganesha’s Grace,
Dharmeshh Joshi,

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