Ganeshaspeaks: Market prediction for Feb 25

By Shri Dharmesh Joshi

Sensex touched 18211 on 18-2-11. Was this a numerological miracle?

If you remember Ganesha had mentioned during the last Friday's prediction. It is a day of fundamental Nifty based long term view. If you suffer blood pressure, do not trade intraday. It is a day only for arbitrage??? you might have observed this too.

Nifty has given returns of (-9.09%) in March-2007, (-10.66%) in March-2008, (-2.1%) in March-2009, (6.91%) in March-2010. It is yet to be observed what returns it will bear in March-2011. To know about March-2011 you can get the Nifty projected graph by us through email.

Do not do F&O during 09-03-2011 to 17-03-2011. Restrict to stock specific work.

Thursday is the last day for F&O this week and next week opens with budget and Maha-Shivratri falls on 2nd March. Bear this in mind while you take a position.

You might have noticed that what Ganesha had predicted last Friday happened. You got the result in just a day.

9.15 to 9.55: Nifty may hover around the surface.

9.55 to 10.30: Nifty may remain up.

10.30 to 12.15: Nifty traces a third class pattern. Ganesha is very upset.

14.55 to closing bell: Just pass time and stay away even from jobbing. Discuss the budget and do not start anything new. You may notice the weightage in the brackets.