Market (Sensex, Nifty) predictions for 4th November, 2009
- 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.
- Read the entire day’s prediction before making up your mind; this will help you maximise gains and minimise losses.
- Our customers can now order yearly, monthly and daily Nifty predictions, and personalised Fortune Mantra.
- During October 2009, Nifty went through a negative phase after October 16, 2009. Thus, even when there was a positive trend, the market wasn’t too positive, and when there was a negative trend, it crashed. Keep this in mind!
- Note: For every prediction, expect a variation of 10 minutes.
- Important pointers for the week: This week, the intra-day traders, who know how to play the market, will have a great time at Nifty, provided they play on both sides. Don’t base your trading strategy on a single trend, says Ganesha. You are likely to fetch a lot of money if you keep on cutting the deals frequently. However, Ganesha is not too upbeat about the market trend himself.
- The month of November is a positive phase for the market. This means that a positive trend would mean a sharp surge in the market and a negative trend would mean a minor drop. So, plan your business accordingly.
- Ganesha suggests that you indulge in frequent buying and selling till 13:30. That is because Nifty is likely to change its trend quite frequently during this phase. To protect your money from getting stuck somewhere, employ rapid in and out trading. This will protect you from losses.
- During the 40-minute period between 13:30 and 14:10, the market trend is likely to be negative when compared to the previous period. But the entire day’s weightage is positive. So, don’t short-sell unless you have the ability to take the delivery. Use your discretion while trading.
- From 14:10 to 15:30, barring a couple of short surges to keep you interested, the market will not show much strength during this period.
With Ganesha’s Grace,