Ganeshaspeaks: Market prediction for Mar 14

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.

Don't buy on the assurance of opening. Between 9.15 and 11.00 Nifty may tend to hover around the surface or remain soft.

There may be a spurt of buying in the Nifty for half an hour starting 11.00. But the time period will tend to remain short. Keep this in mind.