Market (Sensex, Nifty) predictions for 3rd February, 2009

Ganesha had informed you, during the last week, to be alert on February 03, 2009 and on February 05, 2009. Today involve yourself in intraday trading only if you have the strength to take delivery.

From 09:55 to 11:20, there may be trade in both value and volume. Nifty may pull upwards and then suddenly it may go down. Hence, this phase is crucial.

From 11:20 to 12:45, FII and mutual fund traders may try to settle in a position by using all the good and bad tricks of the trade. Hence, chaos may prevail in the market with a little rise in Nifty.

From 12:45 to 13:30, there may be a possibility that Nifty may slide towards the downward side.

From 13:30 to 15:20, there may be an upward movement in Nifty. Also, there may be a sudden fall, which may place you in a dilemma.Then, it may slowly emerge and try to rise. Thus,it may lure you to enter the market. But, you must trade according to Ganesha’s advice.

From 15:20 to 15:30, there may be buying in Nifty. But, the phase is very short. Hence, you may not realize when the profit earning price prevailed in the market.



With Ganesha’s Grace,
Dharmeshh Joshi,

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