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