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