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