16/MAR/2008

DEAR FRIEND

Ganesha views that from the opening till 10:40, you just need to wait and watch. During this phase, Nifty may remain around the surface.

Nifty may remain volatile from 10:40 to 13:40. There are ups but with the element of risk.

Ganesha cautions you to trade very carefully between 13:40 and 14:30 as there are chances that Nifty may chase a downward trend. One bad deal and you are out.

From 14:30 to 15:30, Nifty may try to move towards the peak. Ganesha recommends you to think twice before you swing into action.