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