Market (Sensex, Nifty) predictions for 19th August, 2008

Ganesha views that today is a lousy day. However, from the beginning of the day till 10:25 Nifty may remain strong.

From 10:25 to 12:00, it is a so-so phase as Nifty may first go upwards and then suddenly slip downwards.

From 12:00 to 13:10, Nifty may do well.

From 13:10 to 13:50, Nifty may take a downward trend, in comparison to the previous period. Be cautious during this phase otherwise you may get stuck.

From 13:50 to 14:13, Nifty may show a bearish trend. So, Ganesha advises you to book profits, if you have done short sales.

From 14:13 to 15:13, wait and fix your limits and book your profits and try to get a rupee or a two.



With Ganesha’s Grace,
Dharmeshh Joshi,

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