29/DEC/2008

MY DEAR FRIEND

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

Nifty may open on a positive note and after looking at the overall average, Ganesha foresees an upward trend till 10:40. However, Ganesha advises you to book profits at every intervals and exit the market.

This week, the market may slide down with its positive opening initially. It may tend to slide even more, if the market is already on the downside. Be careful of this phase throughout this week, advises Ganesha.

From 10:40 to 13:35, In comparison to the previous phase, Nifty may slide down and then may witness a sudden upward trend. From here again, the Nifty will slope downward. Ganesha advises you to book profits at every intervals as the market will be highly volatile during this session.

From 13:35 to 14:55, If you have been following the market,then you may notice an upward trend. However, the day average is negative. Ganesha advises you to book profits at every intervals.

From 14:55 to 15:30, Nifty may lose its strength. Be careful and trade accordingly.

NIFTY cesh ( 29/12/2008)
RESISTANCE : 3054.90
STOPLOSS : 2857.25
SUPPROT : 2735.35

BUY ZEE ENTER TGT : 144.55 - 150.80 - 163.75

BUY GUJARA NRE C TGT : 27.60 - 29.70 - 33.40

BUY DABUR INDIA TGT : 86.05 - 89.40 - 96.75