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"
Friday, October 31, 2008
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2 comments:
glidor pls explain use of this volatile index
Good Morning all...
... Happy Trading
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