Consider 10 minutes plus and minus in each prediction, and act accordingly.
Ganesha advises you to compare every prediction with the prediction of the previous time slot.
This month, keep booking profit and loss every week, advises Ganesha.
The challenges during this week:
The inflation is now 9.01%
IIP growth has plunged to 6.3%
China’s trade balance may go down
There may be a 31% loss in Toyota’s net profit
Home loan rates may increase
As oil and petrol rates may increase on 16-06-2011, the bank rate may increase by 0.25 basis points
It’s a new day today, and you need to come out of the shadow of the eclipse and plan a new strategy for the day. There is likelihood of a meeting to decide the hike in oil and petrol prices, the effect of which you will see on the Automobile, Realty, and Banking sector. Ganesha is always there by your side but still be very careful.
Have you seen the pattern a snake makes when it moves on the sand? Well, Nifty’s graph will show a similar pattern today, moving on the upper and lower side of the surface.
From 09:15 to 10:00- Nifty may make you do jobbing on the upper side. (0.10)
From 13:30, there may be a short covering at Nifty but it is difficult to predict the points so many days in advance. (0.15)
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