Market (Sensex, Nifty) predictions for 6th March, 2009
Ganesha views a positive opening and this phase may prevail till 10:10. However,the weightage of the day is negative. Hence, trade accordingly.
From 10:10 to 11:20, Nifty may slide down due to increased selling.
There may be an upward movement in Nifty between 11:20 and 13:00.
Due to increase in sale of heavy weight scrips, Nifty may come under pressure from 13:00 to 13:30. But, as the phase is too short, organise your trade accordingly.
The period from 13:30 to 15:30 is unreliable. Enter the market only if you have the ability to take delivery. There is a possibility of short covering, by Ganesha’s grace.
With Ganesha’s Grace,