Market (Sensex, Nifty) predictions for 07th October, 2008
Ganesha views that from the opening till 11:25 Nifty may make a graph of the shape 'W'. Irrespective of the inclination of Nifty during the opening there may be a downward trend after the opening. It may remain stagnant for a while and then may rise. Wait till the opening of Nifty and then take a decision. From 11:25 to 12:10, enjoy in the interval. From 12:10 to 13:10, if Nifty bends a little then keep booking marginal profits even for Re.1. Trade slowly and steadily as you may gain if the market goes up. From 13:10 to 14:10, forget about taking any action during this hour. Avoiding entering any deals. From 14:10 till the end of the day, after the end of the previous phase, engage yourself in jobbing.
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