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Ganeshaspeaks: Market prediction for August 13

Nifty may go up step-by-step during the period between 9:30 to 11:30. However, there may also be a correction during this time slot, says Shri Dharmesh Joshi of Ganeshaspeaks.
August 13, 2012 / 09:13 IST

By Shri Dharmesh Joshi of Ganeshaspeaks

- Today, Sun is in the zodiac sign Cancer and is in Ashlesha constellation, whereas Moon is in Gemini and is in Mrigshirsh constellation. Also, Mars is in Virgo and in Chitra constellation. Mercury is in the zodiac sign Cancer and in Pushya constellation.
- Today, Jupiter is in the zodiac sign Taurus and in Rohini constellation. Venus is in Gemini and in Ardra constellation. Saturn is in Libra and in Chitra constellation. Rahu is in the zodiac sign Scorpio and is in Anuradha Nakshatra, whereas Ketu is in Taurus and in Kritika constellation.
- There will be one holiday in the coming week. Therefore, there are going to be just four trading days in the coming week.
- From opening to 9:30, Nifty will remain around the surface.
- Nifty may go up step-by-step during the period between 9:30 to 11:30. However, there may also be a correction during this time slot.
- If you look at the weightage given here for the period between 11:30 and 13:50, you may notice that Nifty is likely to experience a totally uneven pattern on both the sides during this particular phase.
- From 13:50 to 14:50, Nifty may experience movements on soft side.
- From 14:50 to closing bell, Nifty shall bounce, but only so much that you may feel a little comfortable.

Ganesha speaks

Shri Dharmesh Joshi is a protege of Bejan Daruwalla and belongs to the team of astrologers declared as official successors to his astrological legacy, by none other than Bejan Daruwalla himself, in an event in Mumbai on the 23rd Nov, 2009.

Disclaimer: The views and investment tips expressed by investment experts/astrologers on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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