Market (Sensex, Nifty) predictions for 18th November, 2008

Ganesha says that the phase after the opening of Nifty is not reliable today. This phase may continue till 10:10.

From 10:10 to 10:45, Nifty may try to climb. But, due to some reasons it may not be able to reach the peak.

From 10:45 to 11:20, Ganesha advises you to be cautious while taking decisions as confusions may prevail. An upward trend may prevail in the market. DO not be misguided while taking decisions. Let your gray matter work for a while before you decide anything.

Ignoring the position of Nifty during the previous phases, from 11:20 to 15:30, Nifty may make a graph of the shape ‘W’, hence exit from the market accordingly. Selling pressure may prevail in Nifty.



With Ganesha’s Grace,
Dharmeshh Joshi,

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