Ganeshaspeaks: Market prediction for Mar 15

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 o 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.

The opening can be pretty confusing. Do not have any assumptions, wait for the opening.

9.15 to 9.55: Nifty will make a mixed pattern. There will be two ups and one dip.

9.55 to 10.55: Nifty may be soft and will have a down trend.

14.50 onwards: Nifty will be very volatile and the movement will be towards the upper side.