Ganeshaspeaks: Market prediction for May 06
From 14:30 to 15:30, there may be a sudden correction and Nifty may complete the week with a short covering at the end.
By Shri Dharmesh Joshi
Consider 10 minutes plus and minus in each prediction, and act accordingly.Ganesha advises you to compare every prediction with the prediction of the previous time slot.Crucial dates in the month of May are: 9, 10, 12, 17, 18, 19, 20, 26, 27 (You may need to be extra careful between 09-05-2011 to 20-05-2011) From the coming week, Jupiter will start transiting through Aries.There is a possibility that RBI may declare a new credit policy. Be cautious during this period. The pre-opening phase may display a mixed pattern, and may be that of high volatility and consolidation.The opening may be marginally positive, and will remain the same till 10:00. From 10:00 to 11:15, Nifty may be highly unreliable.From 14:30 to 15:30, there may be a sudden correction and Nifty may complete the week with a short covering at the end. 
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