MY DEAR FRIEND
Ganesha views that the undertone in Nifty may remain negative and September is the month in which you cannot hope everything to be hunky dory.
From 09:55 to 10:25, there is a possibility that the opening of Nifty may be above the surface.
From 10:25 to 11:50, in comparison to the previous period, Nifty may slip downwards. Do not try to be unnecessarily daring during this period.
From 11:50 to 12:15, is a short phase. If Nifty tries to rise then you may gain from this deal.
From 12:15 o 13:25, prepare yourself mentally to see Nifty sloping downwards. Nifty is unreliable so trade only after there is a movement.
From 13:25 to 15:30, Nifty may slope upwards ignoring one or two possible nosedives. This is not a short phase so do not allow your patience to be short-lived.
MARKETS PICKS FOR 29/08/08
SELL Reliance Capital TGT 1240
SELL IFCI TGT 39
SELL Jaiprakash Associates TGT 142
SELL IDBI Bank TGT 72
TOP BUYS FOR FRIDAY
BUY Karnataka Bank TGT 165
BUY HCL Technologies TGT 264
SELL Ashok Leyland TGT 28
SELL Balrampur Chini Mills TGT 72
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