Nifty Predictions, Sensex Nifty, 2011 Market Sensex for 28th February, 2011

  • You
    might have got the dates of high volatility and wide fluctuation for
    the month of March-11.

  • Right
    from 1947 till 2010 various governments have presented 80 budgets.
    This is the 81st
    budget session.

  • Ganesha
    has studied 23 of the latest budgets and noted that the budgets have
    been presented 9 times when moon was in a fire sign, 4 times when it
    was in a earth sign, 6 times when it was in a air sign and 4 times
    when it was in a water sign.

  • Today
    moon is in the Purvashadha Nakshatra of Sagittarius which is a fire
    sign. In the past when P. Chidambaram presented the budget
    27-07-1996 the market remain down (-1.8%) and the subsequent day
    again the market remain down (-1.2%).

  • Of
    the 23 budgets studied by Ganesha, the market trend on the day of
    the budget was positive 11 times and negative 12 times.

  • Subsequent
    to the day of the budget the market trends remained positive 9 times
    and negative 14 times.

  • This
    time around moon is eclipsed due to conjunction with Rahu on the day
    of the budget and it is Maha Shivratri on 02-03-2011. Ganesha
    advises you to avoid a long or short position and work only on stock
    specific delivery basis.

  • The
    market will remain very volatile on the day of the budget
    presentation and hence it is profitable not to do anything.

  • Overall
    the day is such that you will feel that your mind has blanked out.
    Without the capability to accept deliveries Ganesha advises you not
    even to sit in front of the TV. Note how the overall market remain
    in the late evening news.

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