15/DEC/2008

MY DEAR FRIEND

The prediction of every phase must be considered in comparison to the prediction of the previous phase.

In the last ten minutes, avoid all sorts of deals.

If you know to play really well, this week ensures greater gains, probably you may rake in lakhs, but if you lack the basic fundamentals, you may even end up losing badly.

This week, market will open on a positive note, but it is sure to slide down. However, it will maintain a certain level during the closing of the week. Market may play hide and seek on you, and may even climb up, without your knowledge. Dealing in intra-day may turn out to be a risky prospects.

A week meant for short selling. If you can remember friends, Ganesha had previously advised you to study the 2008 graph and act accordingly.Similarly, ready yourself for the upcoming year, by subscribing our 2009 graph.

With Ganesha's grace Nifty will open strongly and till 11.05, will remain stable, however the in-between period is pretty long,therefore the Intra-day trading may experience few highs and lows.

From 11.05 to 12.40, Nifty will show profit bookings. Take decision with a cool mind. Keep off from making any hasty decisions.

From 12.40 to 13.50, value and volume will be gaining momentum at the Nifty front. However, many a times, your results may fall short of your expectations. Keep off from blaming Ganesha for the losses.

From 13.50 till the close, NIFTY will slide down, in comparison to its opening. However, Ganesha foresees this period to be quite volatile and advises you to be careful, as any wrong decision taken during this time, may land you in trouble.

NIFTY FUTUER ( 15/DEC/2008 ) SL 2887

BUY 2934 TGT 2947-1960 BREAKOUT 2997 BULLISH 3060

SELL 2909 TGT 2896-2883 BREADOWN 2845 BEARISH 2783