Nifty Predictions, Sensex Nifty, 2011 Market Sensex for 12th May, 2011
This week you may be faced with a dilemma – ‘What to do next?’
There’s a heavy/ strong reaction in the market, which may be the result of triggering of margin-calls by a lot of people and may be a slightly negative news. This news is likely to be the one that existed in the past too, but probably had not garnered a similar reaction at that time. You may be baffled then, as to why is it generating such reactions now?
Technical, psychological, sentimental all these factors shall be on your mind.
Ranbaxy, R-Comm, R-Power, R-Infra, Reliance Capital All those names beginning from ‘R’ had experienced a lot of pressure on Thursday.
We had earlier predicted that the opening in intra-day would be negative, thus there were some monetary gains due to intra-day’s prediction. However, despite the daily weightage being positive, the market remained negative. Thus, you may be thinking, as to what can be done next?
Ganesha is warning you in advance to be cautious between 09-05-2011 and 20-05-2011. So, be careful and before doing intra-day, do not deal/ trade before checking the strength of delivery.
If you think this has been the worst period, then Ganesha would like to inform that the worst is yet to come from 26-06-2011 to 7-11-2011. This has been as per a major point of view, and may be a big cause of concern.
It’s an average day for markets.
Ganesha advises you to avoid the pharma and PSU sector on 12-05-2011 and 13-05-2011.
Be patient, Ganesha may help you earn a lot of money. But, like other businesses require patience and long term view, this too will require the same. You will need to play thoughtfully and intelligently
Opportunities will knock at your doors, welcome it with open arms along with Ganesha.
9:15 to 11:00, Nifty may remain volatile around the surface. You will make good money, if you are comfortable to do jobbing or arbitrage.
11:00 to 14:15, Ganesha foresees strength at Nifty. This is a time for a big jump, yet don’t stop being careful and cautious.
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