Market (Sensex, Nifty) predictions for 29th July, 2008
Ganesha advises the BTST traders to avoid trading.F & O traders should hold a zero-zero position.Investors should wait for 3-4 days and intraday traders should not take any action but should check their balances daily.Today till 11:10 Nifty may remain stagnant. From 11:10 to 12:30,Nifty may jump by Ganesha's grace. From 12:30 to 14:20,Nifty may make a 'W' shaped graph.At that time consider Nifty's position and understand the graph.Overall,you are back to square one. From 14:20 to 14:40,there may be buying in the heavyweight scrips and your hopes may rise.But,if you can exit the market,then book your profits now. From 14:40 to 15:30,owing to mutual funds,due to local investors'selling Nifty may fall. Ganesha predicts that on July 30,2008 and July 31,2008 a violent event in Asia may affect the normal life of people.Be cautious and alert.
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