DEAR FRIEND

16/02/2008

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

Nifty may maintain the strength till February 18, 2009. Ganesha advises you to book your profits for once and be on your toes during the entire week.

The market is completely unreliable between February 20, 2009 to March 06, 2009. Anything may happen at any time.

From 09:55 to 10:20, the average of the day may be inclined towards the downward side. It's a phase without any directions.

The possibility of a rise in Nifty cannot be ruled out from 10:20 to 11:55. There may be presumptions that the budget may have something good in store; Nifty may not get any specific direction.

Between 11:55 to 12:55, one will be able to view the effects of recession on the market. But friends, be very cautious today.

From 12:55 to 14:15, expectations that the market may move towards the positive side may result in a marginal rise. There are chances that you may get stuck at any interval.

There may be few fictitious jumps in the market from 14:15 to 15:30. It may rise and fall without any specific reason. Hence, this phase is very crucial for intraday traders. So, Ganesha advises you to keep away from the market.