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

Ganesha advises you not to get too excited to enter a deal from 9:55 to 11:55. Nifty may maintain a marginal figure. A rise and a fall may not confer great gains.

In comparison to the average of the previous phase, the average of this phase, which prevails from 11:55 to 13:55, is good. But when it nosedives, it touches the ground and when it rises, it touches the peak. Hence, constantly shifting trends prevail in this phase.

From 13:55 to 14:50, if you have set a downward limit for a good scrip, then sell your stocks when that price prevails in the market.Buy only on your risk, not on Ganeshas.

The period between 14:50 and 15:30 is very critical. The average of the day is inclined towards the downward side. Keeping in mind that Nifty may not elevate as per your expectations, you need to book your profits accordingly.

Gujarati