Nifty Predictions, Sensex Nifty, 2011 Market Sensex for 6th June, 2011

  • Astrological View for the Month of June ’11
  • Nifty High in the month of June ’11 = 5625
  • Nifty Low in the month of June ’11 = 5199
  • Technical View for the Month of June ’11
  • R1 – 5444 : S1 – 5347
  • R2 – 5492 : S2 – 5299
  • R3 – 5540 : S3 – 5251
  • R4 – 5685 : S4 – 5106
  • Fundamental challenge for the Month of June ’11
  • Global economic recovery & crude oil prices have gone up
  • Monsoon Assumption Unclear
  • Banking sector interest rates are up
  • URO Zone Problem
  • Diesel Price Hike V/S Inflation rise also Rs 3-4 per liter in diesel prices and Rs 30 increase in LPG is expected to happen soon. (09-06-2011 Meeting )
  • Food inflation shot up to 8.55% for the week ended May 14, the highest level in four weeks,
  • Very active dates with wide fluctuations and high volatility for the month of June are: 1, 2, 7, 10, 15, 16, 17, 21, 23.
  • On Wednesday, 15-06-2011 there will be a lunar eclipse. As the eclipse is taking place in Jyeshtha nakshatra, all those with Anuradha, Jyeshtha, and Mool nakshatra need to be very careful. Whatever is meant to happen will happen, but Ganesha is here to guide you through the difficult times.
  • You may be receiving tips that give you 3 supports and 3 resistant levels and claim 100% accuracy. And then, as you may come across loss in the market, you may receive tips that may give you new targets and new stop-loss figures. Well, this is not possible through astrology. Astrology can give you an idea of the trend and the possibilities in the times to come. Use it as a tool and make the most of the predictions.  
  • At their individual level, everyone is right. But everyone has some limitations and some skills. Ganesha hopes that you will keep them in mind, and make as many profits as possible.
  • Commodity- Due to the Lunar eclipse on Wednesday, in June the following sectors may experience upheavals: Cotton, Brass, Copper, Gold, Moong dal, Vegetables, Wheat, Iron. And as the eclipse is happening in the Jyeshtha nakshatra, the following sectors will be in news: Metal, Edible oil, Sugar, Dairy, Milk, Petrochemicals, Plastic, Retail, Glass & Glass Products, Oil Drilling & Exploration, Plastics, Packaging, Paints & Varnishes,Trading, Transport, Diversified, Domestic Appliances, Printing & Stationery, Banks (Private Sector), Couriers, Telecommunications Service, Pesticides.
  • 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.
  • Rahu has started transiting through the Moon sign Scorpio from this week.  Taking this transit into consideration, Ganesha advises those with Moon signs Scorpio and Taurus to think carefully while doing F&O and intraday.
  • 06-06-2011 and 07-06-2011 will not be very interesting at the stock market.
  • From the opening, Nifty will be somewhere around the surface for 20 minutes, then there may be buying. Then, suddenly it may go down and bring you back to the same position by 11:10.
  • From 11:10 to 12:15: there may be some buying at Nifty but today and tomorrow are not very favourable, and thus it is difficult to predict about how much buying there will be.

Ganesha’s Grace
Dharmeshh Joshi

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