Market (Sensex, Nifty) predictions for 4th January, 2010

For better understanding of our Nifty predictions for a given period, it is essential that you keep in mind the predictions given in the previous period, says Ganesha.
For every prediction, expect a variation of 10 minutes.
Last week, Ganesha had warned you that time around 14:50 will be quite volatile and anything can happen. The graph for last week vindicates Ganesha’s stand. Only we can give such an accurate prediction.
Friends, the net weightage for January 2010 is 0.05, which was only seen in February 2008, when the market was marginally positive, and on June 2008, when market shed a lot of points. Thus, it is advisable to avoid a long-position during the month. Ganesha suggests that you rely on F&O or call-put during this month. There will be no clear trend.
We have, at times, given small time slots during this week, so trade carefully.
For the first time in the history of Indian stock market, the trading time is going to begin from 9:00 am. We are glad to be a part of this historical moment.
9:10 to 10:05 – Nifty will follow a positive trend throughout this period. Ganesha is, however, hoping that you will be professional enough to avoid taking too much risk, and will exit early.
10:05 to 11:25 – Nifty is likely to go a little soft.
11:25 to 13:00 – Nifty is likely to show an upward trend.
13:00 to 15:30 – Nifty will show steep movement on both sides. The key to survive this phase is rapid entry-exit strategy.

Gujarati