Nifty Predictions, Sensex Nifty, 2011 Market Sensex for 31st March, 2011

  • You must have received the graph for the month of April. Refer to it and take decisions accordingly. Avoid bank, Nifty, and Telecom sector, opines Ganesha.
  • As today is the last Thursday of F&O, there’s no need to take any decision. Start preparing for next month’s opening.
  • Today, Moon is in the Shattaraka Nakshatra of the zodiac Aquarius. Also, this happens to be Rahu’s Nakshatra, thus, stock market may be direction-less today.
  • Today onwards, Mercury is becoming retrograde. Thus, pay special attention to banks, Nifty and Telecom. 19-04-2011 to 26-04-2011 can be called a crucial period.
  • The day does not favour hasty decisions; be calm and patient, and deal with planning.
  • Ganesha foresees a risk of loss if you trade in a hurry.
  • 9:15-10:15, the time slot shows the following trend: Nifty may initially go down, then up and eventually come back to the original position. You can derive the same from the weightage (0.00)
  • 10:15-11:50, Nifty may hover around the surface, slightly on the soft side.  (-0.02)
  • 11:50-13:00, there may be a buying trend in the front-line shares. However, there may be a correction at about 12:45. (0.09)
  • 13:00-14:00, Nifty may create tension, feels Ganesha. (-0.14)
  • 14:00-15:30, overall, the trend is likely to be up, but there’s a possibility of profit-booking in the end. (0.06)

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