Market (Sensex, Nifty) predictions for 23rd October, 2009

For understanding our Nifty predictions for a given phase, it is essential that you keep previous predictions in mind, says Ganesha.
Each day, read the entire set of predictions before taking a decision on trading. This will help you maximise gains and minimise losses.
Ganesha sends his good wishes and blessings to you this New Year. May the coming year bring good fortune to you.
Both opening and closing of the Nifty are likely to be disappointing. But besides that Ganesha foresees this to be a good day at Nifty.
Today, buy scrips that are undervalued and make an exit before 12:05. The weightage plays a crucial role here.
From 12:05 to 13:10, Nifty will rise sharply, followed by a sudden drop. The entire duration will be like a roller-coaster ride. This period will not be for the faint hearted. Don’t try to play a long innings, keep getting out.
From 13:10 to 14:30, Nifty is likely to surge.
From 14:30 to 15:30, Nifty is likely to fall. You are prone to making mistakes during this period. Don’t make any rash decisions.

Gujarati