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