Friday, October 31, 2008

Probable Market TODAY

31-10-2008
GOOD MORNING

AT the point Market looks in cheerful mood to welcome inflation data, but is it enough to make the market stable?.

Nifty (2781.25)
Pivot 2703
Supports 2626>2554>2476
Resistance 2775>2853>2924

Sensex (9055.51)
Pivot 9082.54
Supports 8867>8679>8464
Resistance 9271>9485>9674

Nifty will try to open with positive tone of 4%+
Volatility Index (VIX) on last closing day = 68.35 (- 2.73%)

ADVISE TO TRADERS AND INTRADAY - After good open though market will go soft around 1.30 pm afterwards, however last 15 mins may pay support again.

ADVISE TO INVESTOR COMMUNITY - try to exit the pains of portfolio at highs levels, go selective to make shopping lists, make only debt free companies listed in your portfolio at present scenerio for long term.

Quote: The thing that most affects the stock market is everything. - James Palysted Wood

Disclaimer :"above is my personal observation, may not match with market trends, posted for information purpose only, Please consult your finance advisor before entering any investment / trading descision"

Wednesday, October 29, 2008

Probable Market TODAY

29-10-2008
GOOD MORNING

AT the point Market looks consolidating with volatility due to expiery.

Nifty (2684.2)
Pivot 2636
Supports 2575>2466>2405
Resistance 2745>2805>2915

Sensex (9008.08)
Pivot 8991
Supports 8926>8843>8778
Resistance 9074>9139>9221

Nifty will try to open with positive node of 3%
Volatility Index (VIX) on last closing day = 70.27 (+ 4.10%)

ADVISE TO TRADERS AND INTRADAY - Despite of high open, market expected to remain busy in bull bear fights whole day, and will face softness at last hour of day.

ADVISE TO INVESTOR COMMUNITY - try to exit the pains of portfolio at highs levels, go selective to make shopping lists, make only debt free companies listed in your portfolio at present scenerio for long term.

Quote: The louder he talked of his honour, the faster we counted our spoons. - Ralph Waldo Emerson

Disclaimer :"above is my personal observation, may not match with market trends, posted for information purpose only, Please consult your finance advisor before entering any investment / trading descision"

Tuesday, October 28, 2008

Probable Market TODAY

28-10-2008
GOOD MORNING

AT the point Market will trade with mixed trend due to muhurt trading and close to expiery.

Nifty (2524.2)
Pivot 2454
Supports 2322>2122>1990
Resistance 2655>2787>2988

Sensex (8509.56)
Pivot 8315
Supports 7891>7274>6849
Resistance 8934>9358>9976

Slight Bullish waves are forming.
Volatility Index (VIX) on last closing day = 67.50 (+ 48.35%)

ADVISE TO TRADERS AND INTRADAY - Today is the day of "investing".

ADVISE TO INVESTOR COMMUNITY - BUY some token trades from frontline, No Sale today.

Quote: Gamblers and losing traders are typically hooked even stronger than successful traders by virtue of the intermittent nature of the reward. My cat follows me into the kitchen every time I go, yet not once in ten times does he get his turkey snack reward. I suspect that this behavior is practically impossible to extinguish. - Jeffrey Silverman

Disclaimer :"above is my personal observation, may not match with market trends, posted for information purpose only, Please consult your finance advisor before entering any investment / trading descision"

दीपावली की बधाई व शुभकामनाएं!

Monday, October 27, 2008

Sunday, October 26, 2008

Probable Market Today

27-10-2008
GOOD MORNING


AT the point Market looks mixed trend but open may see big time panic.

Nifty (2584)
Pivot 2682
Supports 2327>2271>2016
Resistance 2838>3093>3250

Sensex (9570.71)
Pivot 8946
Supports 8322>7942>7318
Resistance 9326>9950>10329

Nifty may try to open Flat to slight green.
Volatility Index (VIX) on last closing day = 45.50 (- 17.23%)

advised to keep the portfolio hedged

ADVISE TO TRADERS AND INTRADAY - starting 15 mins may be panic, then some recovery upto Europe market open, again the depression will lead the market.

ADVISE TO INVESTOR COMMUNITY - NO buy/sell, just wait and watch.

Quote: A bank lives on credit. Till it is trusted it is nothing; and when it ceases to be trusted it turns to nothing. - Walter Bagehot

Disclaimer :"above is my personal observation, may not match with market trends, posted for information purpose only, Please consult your finance advisor before entering any investment / trading descision"