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

For understanding our predictions of a given phase, it is essential that you keep the previous prediction in mind, says Ganesha.Each day, read the entire set of predictions before taking a decision on trading.
This will maximise gains and minimise loses.Last week, Ganesha had said that from September 10, 2009 there will be a five day period of stock market acting highly unpredictable because of the Saturn transit.
The market trend during this period should tell you why we asked to stay away from taking a long term position at the market.
Friends, try to go through the Ganeshas advise and understand it, instead of just relying on the weightage that is provided in the brackets.
Advice for the week: The market will be extremely volatile around 15:00 hrs everyday; you can expect a very steep rise and fall in the market trend, so be careful.
Nifty and a few stocks will be extremely volatile today, expect heavy fluctuations at the market. In fact, the weightage is 0.00 till 13:00.
From 13:00 to 14:35, don’t trade on the basis of a software or algorithm. The market trend is positive during this phase.
The Nifty can see steep correction from 14:35 to 14:50.
From 14:50 to the end of day’s trading, the Nifty will push upwards if there has been a correction earlier.

Gujarati