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

The period between 9:55 to 12:15 is suitable only for buy sell deals, irrespective of your tact in trading. There is no chance of earning huge gains. Nifty will bring you back to square one during this phase.

From 12:15 to 12:45, Nifty may reach the peak of the downward trend. But, as the phase is too short, this opportune time may just pass by. Hence, you need to be very alert.

Nifty may catch an upward trend due to increased buying from 12:45 to 13:15.

From 13:15 to 15:30, Nifty may make you play a Test match; wait for the right moment to grab the gains.Book your profits even at a margin of Re1. It is very dangerous to enter this phase without stop loss. On an average, in comparison to the previous phase, a downward trend may prevail during this phase.

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