Market (Sensex, Nifty) predictions for 17th February, 2009

The weightage of the day would be quite good by Ganeshas grace. There are chances that from the opening till 10:30, forces in the market may coerce you to sign a wrong deal. In the end, Nifty may bring you back to the place from where you began.
From 10:30 to 10:50, Ganesha may make you sweat, so that Nifty can elevate.

Owing to the stocks purchased during the previous phase, selling may prevail in the market, thus coercing Nifty to catch the downward trend from 10:50 to 12:30.

Between 12:30 to 13:10, due to increase in buying of front line shares, Nifty may rise.

During the last phase of the day, from 13:10 to 15:30, due to industrial joint funds, local funds, financial institutions and FII may bring you back to square one. Excluding the brokerage, you may not be able to get any gains. Hence, the wise Ganesha suggests you to do jobbing.



With Ganesha’s Grace,
Dharmeshh Joshi,

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