MY DEARFRIEND
Wait till the opening of Nifty and do not take any decision immediately. Nifty may continuously try to rise. This phase may go on till 10:51.
From 10:51 to 11:33, avoid taking any action. The average may try to rise during this phase.
From 11:33 to 12:33, Nifty may decline. As you move forward you will gain greater clarity.
From 12:33 to 14:07, Nifty may take the form of the alphabet 'M'. But, the inclination of the graph depends on the previous phase.
From 14:07 to 14:49, Nifty may try to take a downward trend. But if does not go down then it is not Ganesha's fault.
From 14:49 to 15:03, if in the previous phase Nifty had declined then in this phase there is a possibility that it may rise.
From 15:03 to 15:30, Nifty may become softer but be cautious and try to exit the market. Because, the next week is not much profitable.
MARKETS PICKS FOR 13/08/08
BUY Trent TGT 598
BUY GMR Industries TGT 138
SELL India Cements TGT 130
SELL Man Aluminium TGT 23
TOP BUYS FOR WEDNESDAY
Madras Fertilizers SL 12.50 TGT 19
IRB Infrastructure Developers SL 151 TGT 198
Subex SL 77 TGT 110
Tourism Finance Corp SL 17 TGT 27
Network 18 SL 189 TGT 250
TOP SELLS FOR WEDNESDAY
Piramal Healthcare SL 337 TGT 281
IFCI SL 51 TGT 44
Vishal Retail SL 425 TGT 368
Jaiprakash Associates SL 198 TGT 140
Quintegra Solutions SL 56 TGT 41
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