Friday, January 30, 2009

Probable Market TODAY (30 Jan)

30-01-2009
GOOD MORNING


AT the point Market movements looks without proper energy.

Nifty
Prv Close 2823.95
Pivot Point 2831.05
Supports 2788>2753>2710
Resistance 2867>2910>2945


Nifty may try to open Flat.
Volatility Index (VIX) on last closing day = 43.11 (+5.77%)

TRADERS AND INTRADAY - W shaped market chart with slight slope on both ends, tilted on downside towards close.
INVESTOR COMMUNITY - avoid market for couple of weeks.

Quote: You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with the 130 IQ. - Warren Buffett

Thursday, January 29, 2009

Probable Market TODAY (29 Jan)

29-01-2009
GOOD MORNING


AT the point Market looks in mood to offer bonus recovery on expiery volatile day..

Nifty
Prv Close 2849.50
Pivot Point 2823.50
Supports 2792>2734>2702
Resistance 2881>2913>2971

Nifty may try to open Flat to 1% green.
Volatility Index (VIX) on last closing day = 40.76 (-4.90%)

TRADERS AND INTRADAY - amid expiery and intraday volatility, market looks firm for whole day except last 20 mins. intraday volatility expected 11 to 2, but market is not for shorting today.
INVESTOR COMMUNITY - dont carry any long / short position for short term.

Quote: You could be somewhere where the mail was delayed three weeks and do just fine investing. - Warren Buffett

Wednesday, January 28, 2009

Probable Market TODAY (28 Jan)

28-01-2009
GOOD MORNING


AT the point Market looks under cover rally but intraday expiery volatility cant be denied.

Nifty
Prv Close 2771.35
Pivot Point 2744.63
Supports 2712>2652>2620
Resistance 2804>2837>2896

Nifty may try to open Flat to 1% green.
Volatility Index (VIX) on last closing day = 42.86 (+26.02%)

TRADERS AND INTRADAY - upto 12 the market is postive then sudden volatile, after 2 pm the market would get positive with closing minutes volatility.
INVESTOR COMMUNITY - dont carry any long / short position for short term.

Quote: All the great economic ills the world has known this century can be directly traced back to the London School of Economics. - N.M. Perrera

Tuesday, January 27, 2009

Probable Market TODAY (27 Jan)

27-01-2009
GOOD MORNING


AT the point Market looks volalitile for expiery amid under short cover rally for two days.

Nifty
Prv Close 2678.55
Pivot Point 2701.92
Supports 2638>2598>2534
Resistance 2742>2806>2846

Nifty may try to open Flat to 1% green.
Volatility Index (VIX) on last closing day = 34.01 (-25.33%)

TRADERS AND INTRADAY - start with depression of 10 mins, market will try to make peak in next hour, then would try to maintain it throughout the day under expiery volality. last half an hour maintain caution.
INVESTOR COMMUNITY - Two days short cover rally on cards, Book some profit in this upswing- dont take any fresh position.

Quote: The ultimate risk is not taking a risk. - James Goldsmith

Friday, January 23, 2009

Probable Market TODAY (23 Jan)

23-01-2009
GOOD MORNING


AT the point Market looks under short cover rally before Expiery.

Nifty
Prv Close 2713.80
Pivot Point 2713.11
Supports 2682>2650>2619
Resistance 2745>2776>2808


Nifty may try to open Flat to little green.
Volatility Index (VIX) on last closing day = 45.55 (+0.31%)

TRADERS AND INTRADAY - Half an hour timepass, then market looks up upto EU markets, aftert EU market trend not clear. Strict No to all F&O fresh trades.
INVESTOR COMMUNITY - Two days short cover rally on cards, Book some profit in this upswing- dont take any fresh position.

Quote: Debt is the slavery of the free. - Publius Syrus

Thursday, January 22, 2009

Probable Market TODAY (22 Jan)

22-01-2009
GOOD MORNING


AT the point Market is under pressure with fear of history. but looks history does not repeat always.

Nifty
Prv Close 2727.88
Pivot Point 2765.57
Supports 2688>2631>2671
Resistance 2766>2825>2863

Nifty may try to open 1% green.
Volatility Index (VIX) on last closing day = 45.41 (+0.91%)

TRADERS AND INTRADAY - 1st half depression, 2nd half positive under volatility, maintain caution 11 to 12.
INVESTOR COMMUNITY - Just wait and watch.

Quote: You can never go broke by taking a profit. - Meyer Rothschild

Wednesday, January 21, 2009

Probable Market TODAY (21 Jan)

21-01-2009
GOOD MORNING


AT the point Market is under pressure with global cues, recovery expected based on Q3 results now.

Nifty
Prv Close 2796.60
Pivot Point 2799.17
Supports 2755>2714>2670
Resistance 2840>2884>2925

Nifty may try to open 2-3% RED.
Volatility Index (VIX) on last closing day = 45.00 (+1.21%)

TRADERS AND INTRADAY - 1st two hours, multiple times of UP and LOW, then expected to bend for recovery.
INVESTOR COMMUNITY - Just wait and watch.

Quote: The market, like the Lord, helps those who help themselves. But, unlike the Lord, the market does not forgive those who know not what they do. - Warren Buffett

Tuesday, January 20, 2009

Probable Market TODAY (20 Jan)

20-01-2009
GOOD MORNING


AT the point Market is under pressure with global cues, but expet a better second half of day supported by EU markets.

Nifty
Prv Close 2846.20
Pivot Point 2844.77
Supports 2821>2796>2773
Resistance 2870>2893>2918

Nifty may try to open 2% RED.
Volatility Index (VIX) on last closing day = 44.46 (-0.36%)

TRADERS AND INTRADAY - Despite of depression in opening 10 mins, market will try to recover till 3 pm, last half an hour is looking flat.
INVESTOR COMMUNITY - Stay cool now.

Quote: Never invest in any idea you can't illustrate with a crayon. - Peter Lynch

Monday, January 19, 2009

Probable Market TODAY (19 Jan)

19-01-2009
GOOD MORNING


AT the point Market is expecting some positive trend on front of change of usa persident.

Nifty
Prv Close 2828.45
Pivot Point 2796.10
Supports 2757>2685>2645
Resistance 2868>2908>2979

Nifty may try to open Flat to green 1%
Volatility Index (VIX) on last closing day = 44.30 (-1.93%)

TRADERS AND INTRADAY - 40 mins timepass by market, then expected to turn positive, under mixed movements whole the day, end is expected positive.
INVESTOR COMMUNITY - Stay cool now.

Quote: Anybody who plays the stock market not as an insider is like a man buying cows in the moonlight. - Daniel Drew 19th century speculator

Friday, January 16, 2009

Probable Market TODAY (16 Jan)

16-01-2009
GOOD MORNING

AT the point Market is without energy, but expected to get investors back during intraday trade.

Nifty
Prv Close 2736.70
Pivot Point 2756.92
Supports 2682>2626>2551
Resistance 2812>2887>2943

Nifty may try to open Flat.
Volatility Index (VIX) on last closing day = 45.17 (+2.06%)

TRADERS AND INTRADAY - 90 mins timepass then market expected to show strength,eu market will pass some little depression, end 30 mins are flat.
INVESTOR COMMUNITY - Stay cool now.

Quote: With enough inside information and a million dollars you can go broke in a year. - Warren Buffett

Thursday, January 15, 2009

Probable Market TODAY (15 Jan)

15-01-2009
GOOD MORNING


AT the point Market is under pressure of global cues, only weekend can help it to recover.

Nifty
Prv Close 2835.30
Pivot Point 2812.32
Supports 2771>2707>2267
Resistance 2876>2917>2981

Nifty may try to open 2-3% red.
Volatility Index (VIX) on last closing day = 44.26 (+17.22%)

TRADERS AND INTRADAY - 1st 25 mins high volatile, overall market is little choppy, can try to get some buying in last 1 hour.
INVESTOR COMMUNITY - Stay cool now.

Quote: Short the industry which the majority of Harvard Business School want to join. - Marc Faber

Wednesday, January 14, 2009

Probable Market TODAY (14 Jan)

14-01-2009
GOOD MORNING

AT the point Market is missing its normal energy in absence of investors confidence. expected some recovery on weekend.

Nifty
Prv Close 2744.95
Pivot Point 2756.12
Supports 2709>2674>2627
Resistance 2791>2838>2873

Nifty may try to open flat to little green.
Volatility Index (VIX) on last closing day = 53.47 (+10.09%)

TRADERS AND INTRADAY - after 20 mins of start expected to take a rise upto 12, then getting volatile,however last one expected to keep breath up of market.
INVESTOR COMMUNITY - Stay cool now.

Quote: The elements of good trading are cutting losses, cutting losses and cutting losses. - Ed Seykota

Tuesday, January 13, 2009

Probable Market TODAY (13 Jan)

13-01-2009
GOOD MORNING


AT the point Market looks flat and waits for corporate developments from local front, results may turn it extreme positive.

Nifty
Prv Close 2773.1
Pivot Point 2796.95
Supports 2724>2676>2604
Resistance 2845>2917>2966

Nifty may try to open Flat.
Volatility Index (VIX) on last closing day = 48.57 (+1.57%)

TRADERS AND INTRADAY - After 1st hour of timepass, 2nd hour of market looks good. 4th hour looks volatile with ups/ downs Closing today expected to give some relief.
INVESTOR COMMUNITY - Dont enter big positions, instread small trades with strict SL can give smiles, avoid bank sector.

Quote: There are two times in a man's life when he should not speculate: when he can't afford it and when he can. - Mark Twain

Monday, January 12, 2009

Probable Market TODAY (12 Jan)

12-01-2009
GOOD MORNING


AT the point Market looks under pressure but will make all efforts to cover up, Hopeful to get the market in order w.e.f tuesday.

Nifty
Prv Close 2871.00
Pivot Point 2904.37
Supports 2812>2751>2693
Resistance 2932>2990>3051

Nifty may try to open Flat.
Volatility Index (VIX) on last closing day = 47.82 (+7.8%)

TRADERS AND INTRADAY - From opening bell market is expected to remain volatile,2nd hour of market may give some relif. Closing looking under pressure.
INVESTOR COMMUNITY - Risky investors can do bottom fishing a little, Looks one more day is due for buying.

Quote: The crowd always loses because the crowd is always wrong. It is wrong because it behaves normally. - Fred Kelly

Friday, January 9, 2009

Probable Market TODAY (09 Jan)

09-01-2009
GOOD MORNING

AT the point Market looks under pressure but will make all efforts to cover up, phased correction expected to end by monday.

Nifty
Prv Close 2920.4
Pivot Point 2985.27
Supports 2823>2726>2564
Resistance 3082>3244>3341

Nifty may try to open red upto 2%
Volatility Index (VIX) on last closing day = 44.36 (+ 14.54)

TRADERS AND INTRADAY - market will try to recover since morning, among some pressure in afternoon end will give some relief to index pressure, however 1st 30 mins dont trade in market- just wait and watch.
INVESTOR COMMUNITY - Risky investors can do bottom fishing a little, however safe players have to wait one day more.

Quote: If you warn 100 men of possible forthcoming bad news, 80 will immediately dislike you. And if you are so unfortunate to be right, the other 20 will as well. - Anthony Gaubis

Wednesday, January 7, 2009

Probable Market TODAY (07 Jan)

07-01-2009
GOOD MORNING

AT the point Market looks under little consolidation which may go upto coming monday.

Nifty
Prv Close 3112.80
Pivot Point 3103.57
Supports 3065>3018>2980
Resistance 3151>3189>3237

Nifty may try to open Flat
Volatility Index (VIX) on last closing day = 38.73 (+ 0.34%)

TRADERS AND INTRADAY - volatile day, whole day ups and downs, in between market will try to make peaks around 11 and 1 pm under volatility, end of day is not so good so dont wait upto end of day.
INVESTOR COMMUNITY - Book some profit in mid day, mid term buyers can Hold portfolio.

Quote: Too many people are apt to redeem their profits too quickly. In a huge bull market they wind up with piddling profits, only to watch their former holdings soar. That usually prompts them into making mistakes later when, believing that the market owes them some money, they buy at the wrong time at much higher levels. - Martin Zweig

Tuesday, January 6, 2009

Probable Market TODAY (06 Jan)

06-01-2009
GOOD MORNING

AT the point Market looks desparate for a quick consolidation.

Nifty
Prv Close 3121.45
Pivot Point 3103.28
Supports 3075>3028>2999
Resistance 3150>3179>3226

Nifty may try to open Flat
Volatility Index (VIX) on last closing day = 38.60 (- 5.09%)

TRADERS AND INTRADAY - volatile day, since start the selling pressure will lead the market, 2nd and 3rd hour is only relief.
INVESTOR COMMUNITY - Book some profit in opening bell, mid term buyers can take delivery based trades in lows.

Quote: In the world of investment management, it is far better to fail very badly in a conventional way and lose a great deal of money for your client than to lose a little in an unconventional fashion. - Marc Faber

Monday, January 5, 2009

Probable Market TODAY (05 Jan)

05-01-2009
GOOD MORNING


AT the point Market looks desparate for a quick consolidation before the upmove.

Nifty
Prv Close 3046.75
Pivot Point 3049.47
Supports 3019>2991>2961
Resistance 3077>3107>3135

Nifty may try to open Flat to green upto 2%
Volatility Index (VIX) on last closing day = 40.67 (- 1.62%)

TRADERS AND INTRADAY - 1st 15 mins strong bullish, then market may take slide for 1 hour, again maintain caution after 2 pm, trend is indicating for a depression in end minutes.
INVESTOR COMMUNITY - Book some profit in opening bell, go slow in buying again.

Quote: I am not an expert on the economy. - Norman Lamont

Friday, January 2, 2009

Probable Market TODAY (02 Jan)

02-01-2009
GOOD MORNING


AT the point Market looks with mixed trends, busy to break the weekly resistance to make way for upside, but it may take 1-2 days to complete.

Nifty
Prv Close 3033.45
Pivot Point 3012.00
Supports 2985>2936>2909
Resistance 3061>3088>3137

Sensex
Prv Close 9903.46
Pivot Point 9845.60
Supports 9770>9636>9559
Resistance 9980>10056>10190

Nifty may try to open Flat
Volatility Index (VIX) on last closing day = 41.34 (- 4.06%)

TRADERS AND INTRADAY - whole day looks volatile, however trend is not looking much downside.
INVESTOR COMMUNITY - be buyer in dips, go slow for 2-3 days buy plan.

Quote: Inflation isn't an Act of God. High inflation is a man-made disaster, like Southern beer and nylon shirts. - Ronald Long

Thursday, January 1, 2009

Probable Market TODAY (01 Jan)

01-01-2009
GOOD MORNING


AT the point Market looks with mixed trends, bulls and bears continue to take grip, but only time will reply the exact output.

Nifty
Prv Close 2959.15
Pivot Point 2966.38
Supports 2930>2901>2865
Resistance 2995>3032>3061

Sensex
Prv Close 9647.31
Pivot Point 9687.04
Supports 9548>9449>9310
Resistance 9786>9925>10024

Nifty may try to open Flat to little green
Volatility Index (VIX) on last closing day = 43.09 (- 1.36%)

TRADERS AND INTRADAY - Flat to positive for 1 hour then volatility expected in market, keep caution after 2 pm,
INVESTOR COMMUNITY - be buyer in panic lows, go slow for 4-5 days buy plan.

Quote: Negotiation is the art of letting the other side have your way. - Daniel Vare

Wish you all a very happy year 2009