22/DEC/2008

MY DEAR FRIEND

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

The trading this week will continue for four days only. So, one can witness hurly-burly in F&O trading. The small investors and the intra-day traders may get stuck. Ganesha advised them to advance accordingly.

Friends do you remember Ganesha's predictions during Diwali; it indicated a sign of relief for the investors after Diwali.

The average of the coming week will remain positive. The day average may be so-so or negative.

The intra-day traders are advised to play conventionally after studying the weightage of the day.

Ganesha foresees a positive opening of Nifty till 10:40.

From 10:40 to 12:20, Nifty may witness a selling pressure. However, if the pressure tends to be low and flows against your expectations, don't blame Ganesha.

From 12:20 to 13:25, Nifty may hint an upward trend. Friends, you might have experienced that our predictions are not on the basis of the some international news report, market survey or the fluctuations in the prices of the crude oil or gold, even then they are accurate and written beforehand.

From 13:25 to 15:30, Nifty may witness a sudden upward and downward trend. This will happen time and again and you will remain confused. Hence, Ganesha advises you to take investing decisions after due consultation.


22/DEC/2008

RESISTANCE : 3120.40 STRONG BULLISH

STOPLOSS : 2846.20

SUPPORT : 2172.00 STRONG BEARISH