Market (Sensex, Nifty) predictions for 8th 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.
At Nifty, the atmosphere will be to play like Sehwag. Don’t keep a long or short position. Bank on F&O and call-put for intraday trading.
9:10 to 9:45- Nifty is likely to move up.
9:45 to 11:05- Nifty is likely to move down.
11:05 to 12:30- The over all trend at Nifty may be positive.
12:30 to 15:30-The sentiments at Nifty will be mixed. Nifty will take big positive and negative strides during this period.

Gujarati