Market (Sensex, Nifty) predictions for 16th December, 2008

Ganeshaji says, the time period between 10.00 to 10.50, will be crucial for those dealing in B.T.S.T and P.T.S.T of NIFTY. Stay away from it at least once, says Ganesha. However, Nifty will open in a positive note

During 10.50 to 11.25, Nifty shows a downtrend, and if you have been trading, then stick to the game, or else you may end up spending lots of restless hours.

From 11.25 to 12.15, Nifty may try to pull you to the bottom, however, the week assumes to be strong, and it won’t hit the rock bottom as you had expected. But as per Ganesha, you will maintain a certain position, at least for once.

From 12.15 to 14.20, Nifty will start gathering momentum, and if you have bought any stocks, then Ganesha suggests to stay away from it at least for once. But do keep in mind that the time gap is huge and those dealing in intra-day may try to pull the market down.

From 14.20 to 15.30, keep buying and selling at a faster pace. Keep earning a margin of Re.1, and then then swiftly leap for another stock. This is best thing that you can do right now, or the tide may turn against you.

Gujarati