Ganeshaspeaks: Market prediction for Mar 17

By Shri Dharmesh Joshi

On 21-02-2011 and 07-03-2011 Ganesha had repeated time in again that the market will take a down trend and thus to maintain position accordingly. Now if you don't listen to predictions, what can Ganesha do!

On 21-02-2011 Ganesha had discussed what had happened in the month of March during 2007, 2008, 2009, 2010. Ganesha doesn't know what inferences you may have drawn from the same.

Ganesha advises you strictly abstain from intraday trading during this week. You may observe a third class pattern every day of the week. It seems to be a gambling week for the arbitrage houses, mutual funds and FIIs.

Have you seen waves on the surface of the sea? Today, for the entire day Nifty will pass time like the waves in the sea.

9.15 to 11.30: The weightage is zero. Which means 'as is where is' situation. 

11.30 to 14.50: The weightage is (-0.01). Take a decision! Would you trade intraday in such times?