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 ★ ★ ★ ★