Ganeshaspeaks: Market prediction for Feb 25

9.15 to 9.55: Nifty may hover around the surface. 9.55 to 10.30: Nifty may remain up.

February 25, 2011 / 08:24 IST
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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.
first published: Feb 25, 2011 08:22 am

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