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Ganeshaspeaks: Market prediction for Mar 04

Ganesha feels that Nifty has tired with the efforts. It should be allowed to rest for some time. Hence Nifty will be silent for some time.

March 04, 2011 / 08:36 IST

By Shri Dharmesh Joshi

Ganesha feels that Nifty has tired with the efforts. It should be allowed to rest for some time. Hence Nifty will be silent for some time.

The pre-open market will be slightly down, feels Ganesha. 

Up to 10.25: Practically Nifty will maintain the market on the upper side. (0.09)

10.25 to 11.50: You will note the difference when Nifty experiences an increase in the ratio of decline in its base scrips. (-0.06)

11.50 to 12.30: The Nifty may experience an increase in the call side volume. (0.10)

12.30 to 15.05: The volatility index will experience major fluctuation hence job with a proper stop loss. (0.02)

15.05 to 15.30: Nifty may remain soft and hence Ganesha is not feeling too happy. (-0.011)

Ganesha speaks

first published: Mar 4, 2011 08:35 am

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