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"