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
