Ganeshaspeaks: Market prediction for Mar 16

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.

The predictions that you see daily on the blogs are made a week in advance and you can get them as a PDF file.

Ganesha warns you to maintain caution for one more day. From tomorrow the market may slowly catch an uptrend.

9.15 to 11.10: Nifty will play a test match around the surface, doesn't seem to be very strong. (-0.04)

11.10 to 13.00: This is a time when your system and knowledge, technical, fundamental, tips, news everything may fail to help you. It is a time only meant for jobbing. (-0.01)

13.00 to 15.30: Nifty may make a graph like electric current. That means up-down-up time. (0.04)