Market (Sensex, Nifty) predictions for 6th February, 2009

From 09:55 to 11:55, Nifty may make you struggle hard. Nifty may elevate so that you enter the market and then may fall and then rise. Deducting the brokerage, it is better if you book your profits even at a gain of Re.1.

From 11:55 to 12:55, Nifty may remain in the negative zone. Hence, engage in trading only if you are sitting in front of the terminal. Do not trade depending on the information through mobile or television.

From 12:55 to 13:55, Nifty may make you play around the positive side. But, it is advised that only if you have the strength to take delivery then you must engage in trading. Ganesha feels that you may not get great benefits in this phase.

From 13:55 to 14:55, the possibility of Nifty catching the downward trend cannot be ruled out. Ganesha advises you to be cautious during this phase.

From 14:55 to 15:30, there may be a ray of hope during this last phase of the last day of the week. Though Nifty may slide towards the upward side, Ganesha advises you not to take any long position.



With Ganesha’s Grace,
Dharmeshh Joshi,

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