Market (Sensex, Nifty) predictions for 20th March, 2009

A boring day, though the average of the day is good. Though intraday traders have a chance to make profits, they should do it at their own risk.

From 9:55 to 11:05, just involve yourself in buying and selling and do not enter into a big deal.

From the figure at 11:05, Nifty may make a W shaped graph reflecting the volatility. This phase may prevail till 13:00.

Just wait and watch from 13:00 to 14:50. With a rise and a fall, Nifty may bring you back to square one.

In comparison to the previous phase, from 14:50 to 15:30, Nifty may rise. But don’t trade relying on the information from the TV channels or mobile.

NOTE At the beginning of the day, plan your trade after reading the predictions for the whole day.



With Ganesha’s Grace,
Dharmeshh Joshi,

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