Wednesday, December 31, 2008

Probable Market TODAY (31 DEC)

31-12-2008
GOOD MORNING

AT the point Market is getting fight ring for bulls and bears, strength now depends on sensex closing above 10118 only, so keep eyes on the border mark.

Nifty
Prv Close 2979.50
Pivot Point 2959.47
Supports 2920>2860>2820
Resistance 3019>3059>3119

Sensex
Prv Close 9716.16
Pivot Point 9665.30
Supports 9546>9375>9255
Resistance 9836>9956>10126

Nifty may try to open Flat to 1% positive
Volatility Index (VIX) on last closing day = 42.51 (-3.14)

TRADERS AND INTRADAY - be careful of starting 90 mins, then we may see some upside movement upto 1, after 1 pm market trend is uncertain, however we expect it flat to negetive,
INVESTOR COMMUNITY - Try to book part profits at this junction.

Quote: Inflation might be called prosperity with high blood pressure. - Arnold Glasgow

Tuesday, December 30, 2008

Probable Market TODAY (30 Dec)

30-12-2008
GOOD MORNING

AT the point Market is under little consolidation phase, mixed trend will lead the market sentiments.

Nifty
Prv Close 2922.20
Pivot Point 2888.97
Supports 2846>2770>2727
Resistance 2965>3008>3084

Sensex
Prv Close 9533.53
Pivot Point 9415.53
Supports 9281>9028>8893
Resistance 9668>9803>10056

Nifty may try to open Flat
Volatility Index (VIX) on last closing day = 43.89 (-2.81)

TRADERS AND INTRADAY - 1st 2 hours timepass moves, then upto eu market market looks up which may go sold off after EU market.
INVESTOR COMMUNITY - stay cool again, more dips are awaited, make shopping list for coming days.

Quote: The road to inflation is paved with good intentions. - William Guttmann

Monday, December 29, 2008

Probable Market TODAY (29 DEC)

29-12-2008
GOOD MORNING

AT the point Market is looking volatile and under pressure, from middle of week good buying volume expected.

Nifty
Prv Close 2857.25
Pivot Point 2887.67
Supports 2814>2772>2698
Resistance 2931>3004>3047

Sensex
Prv Close 9328.92
Pivot Point 9443.43
Supports 9180>9032>8769
Resistance 9592>9855>10003

Nifty may try to open Flat
Volatility Index (VIX) on last closing day = 45.16 (+8.06)

TRADERS AND INTRADAY - after 1st half an hour, shorters day, 12.00, 1.30 are the time to show recovery, but the whole energy looks under pressure.
INVESTOR COMMUNITY - stay cool again, more dips are awaited, make shopping list for coming days.

Quote: When we got into office the thing that surprised me most was to find that things were just as bad as we'd been saying they were. - John F. Kennedy

Friday, December 26, 2008

Probable Market TODAY (26 Dec)

26-12-2008
GOOD MORNING


AT the point Market is looking volatile and missing the normal volumes, so mixed trend expected in market.

Nifty
Prv Close 2916.85
Pivot Point 2928.43
Supports 2889>2861>2821
Resistance 2956>2996>3024

Sensex
Prv Close 9568.72
Pivot Point 9574.89
Supports 9496>9424>9345
Resistance 9647>9526>9798

Nifty may try to open Flat
Volatility Index (VIX) on last closing day = 41.79 (-8.56%)

TRADERS AND INTRADAY - down in 1st half, recovery in 2nd half,
INVESTOR COMMUNITY - Be Buyer on dips, frontline stocks in small lots, go slow for couple of days.

Quote: There's always a fear in working class people that all the success and adulation has just been a dream and that you'll wake up tomorrow morning back where you started. - Adam Faith

Wednesday, December 24, 2008

Probable Market TODAY (24 DEC)

24-12-2008
GOOD MORNING


AT the point Market is looking under consolidation phase under volatility due to expiery.

Nifty
Prv Close 2968.65
Pivot Point 2988.57
Supports 2937>2905>2854
Resistance 3020>3072>3103

Sensex
Prv Close 9686.75
Pivot Point 9722.90
Supports 9607>9528>9413
Resistance 9802>9918>9997

Nifty may try to open Flat to red 1%
Volatility Index (VIX) on last closing day = 45.70 (+10.23%)

TRADERS AND INTRADAY - Under depression few upmoves may be visible in 1st hour.again EU market may give some energy for 40-50 mins to market.
INVESTOR COMMUNITY - Keep Your portfolio hedged upto today or friday morning !!

Quote: You can't run a Church on Hail Marys. - Archbishop Marcinkus

________________________________________________________________

★ ★ ★ ★ Merry Christmas ★ ★ ★ ★

Tuesday, December 23, 2008

Probable Market TODAY (23 Dec)

23-12-2008
GOOD MORNING


AT the point Market is looking under consolidation phase under volatility due to expiery.

Nifty
Prv Close 3039.30
Pivot Point 3059.18
Supports 3008>2977>2925
Resistance 3091>3142>3173

Sensex
Prv Close 9928.35
Pivot Point 9998.57
Supports 9824>9719>9544
Resistance 10103>10278>10382

Nifty may try to open Flat to red
Volatility Index (VIX) on last closing day = 41.46 (+7.72%)

TRADERS AND INTRADAY - Whole day is looks under pressure, however 11.30 to 1 pm and few spikes 1 pm to 2.15 looks posiive, but time after 2.15 looks under deep depression. Strict no to F&O for this week for small players.
INVESTOR COMMUNITY - Keep Your portfolio hedged.

Quote: It would have been cheaper to lower the Atlantic. - Lou Grade on the failure of his film 'Raise the Titanic'

Monday, December 22, 2008

Probable Market TODAY (22 DEC)

22-12-2008
GOOD MORNING


AT the point Market is looking in High resistance zone, volatility due to expiery cant be ruled out.

Nifty
Prv Close 3077.50
Pivot Point 3073.53
Supports 3040>3003>2970
Resistance 3111>3144>3181

Sensex
Prv Close 10099.91
Pivot Point 10091.96
Supports 9995>9891>9794
Resistance 10196>10293>10398

Nifty may try to open Flat to green
Volatility Index (VIX) on last closing day = 38.49 (-15.39%)

TRADERS AND INTRADAY - Upto EU Market open market graph may be like N, after eu market it will get volatile and exoected to loose the speed. Strict no to F&O for this week for small players.
INVESTOR COMMUNITY - Keep Your portfolio hedged.

Quote: You are as safe with me as you would be in the Bank of England. - Robert Maxwell

Friday, December 19, 2008

Probable Market TODAY (19 Dec)

19-12-2008
GOOD MORNING


AT the point Market is looking in resistance zone.

Nifty
Prv Close 3060.75
Pivot Point 3018.65
Supports 2965>2869>2815
Resistance 3115>3169>3265

Sensex
Prv Close 10076.43
Pivot Point 9939.94
Supports 9770>9463>9292
Resistance 10247>10417>10724

Nifty may try to open Flat to red 1%
Volatility Index (VIX) on last closing day = 45.49(- 8.97%)

TRADERS AND INTRADAY - 90 mins of flat to low market then volatile and would try to go up with high volatility around 1 pm however end of day is looking again low!!
INVESTOR COMMUNITY - Hedge your portfolio for next week !!

Quote: The thing I would most like to see invented is a way of teaching children and grown-ups the difference between right and wrong. - Robert Maxwell

Thursday, December 18, 2008

Probable Market TODAY (18 Dec)

18-12-2008
GOOD MORNING

AT the point Market is looking in fight over bulls and bears, however after previous day, the profit booking at end cant be ruled out.

Nifty
Prv Close 2954.35
Pivot Point 2991.35
Supports 2906>2859>2774
Resistance 3039>3124>3172

Sensex
Prv Close 9715.29
Pivot Point 9823.77
Supports 9574>9434>9184
Resistance 9965>10214>10355

Nifty may try to open Flat to green 1%
Volatility Index (VIX) on last closing day = 49.97(+ 11.27%)

TRADERS AND INTRADAY - 1st 2 hours UP- then down + volatile.( avoid BTST/STBT for 2 days)
INVESTOR COMMUNITY - exit your longs upto 11.30 am positive,

Quote: In white collar situations, they don't think of themselves as thoroughgoing criminals, so when they get caught there's a level of guilt involved. Suddenly there is a conflict between what they appear to families, friends, co-workers, and what they are doing in the secret part of their life. It tends to move them towards confessing, putting it all behind them. They haven't acquired the ethics of organised crime which is that you never help the government, constantly trying to frustrate it. - Rudolph Giuliani

Wednesday, December 17, 2008

Probable Market TODAY (17 Dec)

17-12-2008
GOOD MORNING


AT the point Market is looking pleasent with global cues, and expected to get on upmove upto weekend atleast.

Nifty
Prv Close 3041.75
Pivot Point 3019.20
Supports 2986>2930>2897
Resistance 3075>3108>3164

Sensex
Prv Close 9976.98
Pivot Point 9925.50
Supports 9842>9707>9623
Resistance 10061>10144>10280

Nifty may try to open Flat to green 2%
Volatility Index (VIX) on last closing day = 44.91(- 6.63%)

TRADERS AND INTRADAY - after 2 Hours of strong market, softness may appear with volatility which may get covered at end of day, "avoid positional time bound instruments ( option trading) for 3 days."
INVESTOR COMMUNITY - get rid of weak stocks at this week !!

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

Tuesday, December 16, 2008

Probable Market TODAY (16 Dec)

16-12-2008
GOOD MORNING


AT the point Market is looking in little depression, however week to week end basis it looks positive.

Nifty
Prv Close 2981.20
Pivot Point 2970.40
Supports 2928>2876>2835
Resistance 3023>3065>3117

Sensex
Prv Close 9832.39
Pivot Point 9843.34
Supports 9738>9644>9539
Resistance 9937>10042>10136

Nifty may try to open Flat
Volatility Index (VIX) on last closing day = 48.10(- 2.69%)

TRADERS AND INTRADAY - Short sellers day , 2nd half may see some uncertain recoveries,
INVESTOR COMMUNITY - get rid of weak stocks at this week !!

Quote: Money is lacking? Well then, create it! - Goethe

Monday, December 15, 2008

Probable Market TODAY (15 Dec)

15-12-2008
GOOD MORNING

AT the point Market is ready to break the resistances upside, but the strength is questioned !!

Nifty
Prv Close 2921.35
Pivot Point 2890.23
Supports 2844>2766>2719
Resistance 2967>3014>3092

Sensex
Prv Close 9690.07
Pivot Point 9863.09
Supports 9399>9109>8936
Resistance 9863>10036>10327

Nifty may try to open Flat to green 2%
Volatility Index (VIX) on last closing day = 49.43(- 4.48%)

TRADERS AND INTRADAY - Short sellers day !! major volatility may take place in 2nd half, trade with caution!!
INVESTOR COMMUNITY - get rid of weak stocks at this week !!

Quote: The era of extravagance and insanity has come to an end. This is a breath of fresh air. Drexel got what it deserved. These guys could destroy the country. There was no rhyme or reason for what was going on. - Pierre Rinfret on the demise of Drexel Burnham Lambert

Friday, December 12, 2008

Probable Market TODAY (12 Dec)

12-12-2008
GOOD MORNING

AT the point Market is looking under pressure of global cues, profit booking at end cant be denied today.

Nifty
Prv Close 2920.15
Pivot Point 2909.00
Supports 2873>2825>2789
Resistance 2956>2993>3040

Sensex
Prv Close 9611.15
Pivot Point 9780.32
Supports 9476>9307>9172
Resistance 9780>9915>10084

Nifty may try to open Flat to red 2-3%
Volatility Index (VIX) on last closing day = 51.75(+ 2.76%)

TRADERS AND INTRADAY - positive in 1st half - negetive in 2nd half. Tone is negetive.
INVESTOR COMMUNITY - stay cool!

Quote: Innovation! One canot be forever innovating. I want to create classics! - Coco Chanel

Thursday, December 11, 2008

Probable Market TODAY (11 Dec)

11-12-2008
GOOD MORNING


AT the point Market is under cautious mood to go either side, inflation figures may turn the game.

Nifty
Prv Close 2928.25
Pivot Point 2884.70
Supports 2829>2730>2675
Resistance 2983>3039>3138

Sensex
Prv Close 9654.90
Pivot Point 9537.92
Supports 9397>9139>8999
Resistance 9796>9936>10194

Nifty may try to open Flat
Volatility Index (VIX) on last closing day = 50.36(+ 0.16%)

ADVISE TO TRADERS AND INTRADAY - after opening 10 mins market is slight positive upto 11.35 unreliable highs, and market may take decline in 2nd half however one upmove 12.40 to 14 we may get. trade with caution today.
ADVISE TO INVESTOR COMMUNITY - Book your longs on every rise or stay hedged for your portfolio for next 3 days !

Quote: Good management to Wall Street means nothing more than a company with three consecutive quarters of rising earnings. Make it four quarters and you have great management. But exciting performance numbers by themselves aren't enough to qualify managers as superior, at least not in my book. One good year or two could be a fluke. Or maybe current management's predecessors set operations up so well that the incumbents haven't had time to wreck everything. - Ralph Wanger

Wednesday, December 10, 2008

Probable Market RODAY (10 Dec)

10-12-2008
GOOD MORNING


AT the point Market is looks in mood of profit booking at all highs, nifty may run sideways for couple of days.

Nifty
Prv Close 2784.00
Pivot Point 2786.75
Supports 2712>2640>2565
Resistance 2859>2934>3006

Sensex
Prv Close 9162.62
Pivot Point 9230.14
Supports 9028>8894>8692
Resistance 9365>9567>9701

Nifty may try to open Flat (1% green possible)
Volatility Index (VIX) on last closing day = 50.28(- 3.40%)

ADVISE TO TRADERS AND INTRADAY - after opening 10 mins market is slight positive upto 11.15 then its expected to get low due to profit booking, in 2nd half market will try several times to go up but whether it will be able to go up??
ADVISE TO INVESTOR COMMUNITY - Book your longs on every rise or stay hedged for your portfolio for next 2-3 days !

Quote: It is unanimously and without qualification assumed that when anyone gets into debt, the fault is entirely and always that of the lender and not the borrower. - Bernard Levin

Monday, December 8, 2008

Probable Market TODAY (08 Dec)

08-12-2008
GOOD MORNING
AT the point Market is looks positive, under rejoice of petrol price cut / rbi announcements and relief package from local front, however global cues will try to pressurize it intraday.

Nifty
Prv Close 2714.4
Pivot Point 2745.63
Supports 2670>2626>2550
Resistance 2789>2865>2910

Sensex
Prv Close 8965.20
Pivot Point 9073.42
Supports 8806>8647>8379
Resistance 9232>9500>9659

Nifty may try to open Flat to green 2%
Volatility Index (VIX) on last closing day = 52.05(+ 0.41%)

ADVISE TO TRADERS AND INTRADAY - normally positive day upto 14.30 but having a caution time 11.50 to 1.20, after 14.30 market may see little profit booking.
ADVISE TO INVESTOR COMMUNITY - still having long- trades in hand ?? exit strict upto 2 pm, make shoping list ready again and wait.

Quote: What is a cynic? A man who knows the price of everything and the value of nothing. - Oscar Wilde

Friday, December 5, 2008

Probable Market TODAY (05 Dec)

05-12-2008
GOOD MORNING

AT the point Market is looks positive, however global cues are the barrier to upmove, but expected that after breaking resistance market will show its colours above 9330 in sensex.

Nifty
Prv Close 2788.00
Pivot Point 2742.72
Supports 2692>2695>2544
Resistance 2839>2890>2987

Sensex
Prv Close 9229.75
Pivot Point 9067.17
Supports 8889>8549>8371
Resistance 9408>9586>9926

Nifty may try to open Flat
Volatility Index (VIX) on last closing day = 51.84(- 5.16%)

ADVISE TO TRADERS AND INTRADAY - market may face depression two times 12.00 for 45-55 mins and 14.30 again, balance of day is looking positive among volatility.
ADVISE TO INVESTOR COMMUNITY - Book profit in 1st half of market at highs.


Quote: In the stock market, as with horse racing, money makes the mare go. Monetary conditions exert an enormous influence on stock prices. Indeed the monetary climate - primarily the trend in interest rates and Federal Reserve policy - is the dominant factor in determining the stock market's major direction. - Martin Zweig

Thursday, December 4, 2008

Probable Market TODAY (04 Dec)

04-12-2008
GOOD MORNING


AT the point Market is sitting critical support point, without any proper way to move.

Nifty
Prv Close 2656.45
Pivot Point 2654.08
Supports 2614>2572>2533
Resistance 2696>2735>2778

Sensex
Prv Close 8747.43
Pivot Point 8734.55
Supports 8614>8481>8361
Resistance 8868>8988>9121

Nifty may try to open Flat to green 1%
Volatility Index (VIX) on last closing day = 54.66 (+ 0.66%)

ADVISE TO TRADERS AND INTRADAY - Confussing market, after 30 minutes of getting stationed, the market looks slight positive but 12 to 1.30 looks depressive again market will get positve upto 3.10 then profit booking may take place. Fresh position at dips may use quick action plan to gain,
ADVISE TO INVESTOR COMMUNITY - if u r in profit go booking gradually and slowly.

Quote: Many mergers turn out to be monumental stinkers, with the acquired company sold after an enormous write-off. Putting two drunks together doesn't make a stable person. - Gary Hamel

Wednesday, December 3, 2008

Probable Market TODAY (03 DEC)

03-12-2008
GOOD MORNING


AT the point Market is volatile under mixed global cues and FLAT for gains.

Nifty
Prv Close 2657.80
Pivot Point 2633.8
Supports 2595>2532>2493
Resistance 2697>2736>2800

Sensex
Prv Close 8739.24
Pivot Point 8663.90
Supports 8543>8346>8225
Resistance 8860>8982>9178

Nifty may try to open Flat to green 1%
Volatility Index (VIX) on last closing day = 54.30 (- 1.74%)

ADVISE TO TRADERS AND INTRADAY - Market is expected to form V twice today, 11.35 and 2.40 is the time when depression may start. Can be called a FLAT day.
ADVISE TO INVESTOR COMMUNITY - Wait and watch.

Quote: Each time, it's a nice little company, nice people, modestly successful. Then you bring in the VC money - it's like putting jet engines on a VW. They expect that, within a year and a half, they will get back ten times their money . . . It runs up against the laws of physics. It's like putting nine women together and trying to make a baby in one month. - Dennis Faust

Tuesday, December 2, 2008

Probable Market TODAY (2 Dec)

02-12-2008
GOOD MORNING

AT the point Market is under global cues pressure while looking for support on home front.

Nifty
Prv Close 2682.90
Pivot Point 2728.42
Supports 2624>2565>2461
Resistance 2787>2892>2951

Sensex
Prv Close 8839.87
Pivot Point 8989.96
Supports 8653>8467>8129
Resistance 9177>9513>9700

Nifty may try to open Flat to red 2%-3%
Volatility Index (VIX) on last closing day = 55.26 (- 3.8%)

ADVISE TO TRADERS AND INTRADAY - Every Hour market is changing mood, starting with 1st hour upward move, so get quick to manage the trades.
ADVISE TO INVESTOR COMMUNITY - Be Buyer (small quantity) on dips for very short term of 2-3 days.

Quote: Blessed are the young, for they shall inherit the national debt. - Herbert Hoover