Market (Sensex, Nifty) predictions for 18th May, 2009

The prediction of every phase must be considered in comparison to the prediction of the previous phase.

Take decisions only after going through the predictions thoroughly, so that you can maximise gains and minimise losses.

Don’t get entangled in elections. Ganesha advises you to take any decision only after May 20th, 21st, and 22nd. It will be a risky task for you to enter into any big deal.

Avoid speculating in the banking sector till May 29th, 2009.

The weightage of the day will be negative, foresees Ganesha. Till 10:30, Nifty may remain on the negative side.

From 10:30 to 13:30, Nifty may nosedive. But on the whole, Nifty may follow an upward trend. From 13:30 to 14:10, selling pressure may prevail. Ganesha advises you to be on your guards.

Nifty may begin from the upward side but selling pressure may prevail during 14:10 to 15:30.



With Ganesha’s Grace,
Dharmeshh Joshi,

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