Weekly Stock Market Prediction for third week of March 2009 : 23rd March 2009 to 27th March 2009
NIFTY needs to cross important hurdle of 2850, if it cross 2850 and make some volume on 2850 then NIFTY will come across 2927 Level. Nifty has stronge support at 2770. During third week of March 2009, which will start from 23rd March 2009 and will end on 27th March 2009, during this period Moon in transit will pass through Capricorn sign on 23rd March 2009, transiting Moon will be in separating aspect with Rahu and Jupiter, which indicates Indian Stock Market BSE Sensex and NSE Nifty will start their work under pressure, but its (Tata Motors') NANO Car launching day, NANO will help market to reach new high after 12PM on 23rd March 2009. 24th-25th March 2009, during these days transiting Moon will pass through Aquarius sign, which indicates Bombay Stock Exchange and National Stock Exchange will try to recover and will try to touch new high, again transiting Moon will pass through Pisces sign during 26th-27th March 2009. On 26th March 2009 Moon will be in applying aspect to Sun and Retrograde Venus, indicates some bearish tone in opening, Market breath change positive side after 11.30am, but Market will close down/bearish. 27th March 2009 will be last working day of third quarter of March 2009, which may gives some relief to investors, on Friday market will close up or near to its previous closing.
