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