Friday, February 27, 2009

Probable Market TODAY (27 Feb)

27-02-2009
GOOD MORNING

AT the point Market looks busy to find out the reasons to stay or go upside, new F&O lot size is chaos like students taken to musical chair race and most are left behind and pushed out of game.

Nifty
Prv Close 2785.65
Pivot Point 2771.78
Supports 2746>2706>2680
Resistance 2812>2838>2878

Nifty may try to open Flat to 1% red.
Volatility Index (VIX) on last closing day = 39.87 (-4.94%)

TRADERS AND INTRADAY - only 14.00 to 14.40 is looking stable up, balance market is just volatile in march series with new F&O lot size.
INVESTOR COMMUNITY - stay cool. we are inching close to shopping time.

QUOTE - Nobody deserves this much money -- certainly not an actor. - Lemmon, Jack

Thursday, February 26, 2009

Probable Market TODAY (26 Feb)

26-02-2009
GOOD MORNING

AT the point Market looks volatile under F&O expiery.
Nifty
Prv Close 2762.50
Pivot Point 2761.77
Supports 2734>2706>2678
Resistance 2790>2818>2846

Nifty may try to open Flat to slight green
Volatility Index (VIX) on last closing day = 41.94 (-7.21%)

TRADERS AND INTRADAY - With positive open of 10 mins. volatile market on counters F&O expiery.
INVESTOR COMMUNITY - stay cool.

QUOTE - Never underestimate the value of cold cash. - Nunn, Gregory

Wednesday, February 25, 2009

Probable Market TODAY (25 Feb)

25-02-2009
GOOD MORNING

AT the point Market looks volatile under F&O expiery but short cover may get little relief.

For next phase of consolidation alert please read http://content.icicidirect.com/ULFiles/UploadFile_2009224123554.asp

Nifty
Prv Close 2733.90
Pivot Point 2719.22
Supports 2692>2651>2624
Resistance 2761>2788>2830

Nifty may try to open Flat to green 1%+
Volatility Index (VIX) on last closing day = 45.20 (-0.02%)

TRADERS AND INTRADAY - positive market under resistance of upside upto 2 pm, sudden rise towards stugle mode to break resistance followed by volatility in last 30 mins.
INVESTOR COMMUNITY - stay cool, market may see some depression after breaking

QUOTE - Money is a terrible master but an excellent servant. - Barnum, P.T.

Tuesday, February 24, 2009

Probable Market TODAY (24 Feb)

24-02-2009
GOOD MORNING

AT the point Market looks under pressure of global cues.

Nifty
Prv Close 2736.45
Pivot Point 2745.02
Supports 2701>2665>2521
Resistance 2781>2825>2861

Nifty may try to open Flat to red 1%
Volatility Index (VIX) on last closing day = 45.21 (+5.36%)

TRADERS AND INTRADAY - volatile market with negetive bias, a slight recovery can be expected in 2nd half.
INVESTOR COMMUNITY - stay cool.

QUOTE - There is no fortune so strong that money cannot take it. - Cicero, Marcus T.

Friday, February 20, 2009

Probable Market TODAY (20 Feb)

20-02-2009
GOOD MORNING

AT the point Market looks fearful of funds activities and global cues.

Nifty
Prv Close 2789.35
Pivot Point 2786.37
Supports 2771>2752>2736
Resistance 2805>2821>2840

Nifty may try to open Flat to red 1.5%
Volatility Index (VIX) on last closing day = 42.91 (-0.13%)

TRADERS AND INTRADAY - volatile market with negetive bias.
INVESTOR COMMUNITY - stay cool.

QUOTE - Words are the most powerful drugs used by mankind. _ Kipling, Rudyard

Thursday, February 19, 2009

Probable Market TODAY (19 Feb)

19-02-2009
GOOD MORNING

AT the point Market looks exausted, this situation is often dangerous for short term,

Nifty
Prv Close 2776.15
Pivot Point 2773.10
Supports 2740>2703>2670
Resistance 2810>2843>2879

Nifty may try to open Flat to red 1%
Volatility Index (VIX) on last closing day = 43.04 (-0.96%)

TRADERS AND INTRADAY - ranghebound market upto 12, slight positive upto 2pm which may get finished by end of day..
INVESTOR COMMUNITY - stay cool.

QUOTE - Words are alive; cut them and they bleed. - Emerson, Ralph Waldo

Wednesday, February 18, 2009

Probable Market TODAY (18 Feb)

18-02-2009
GOOD MORNING

AT the point Market looks in disappointment with global cues,

Nifty
Prv Close 2770.50
Pivot Point 2794.15
Supports 2734>2697>2636
Resistance 2831>2892>2928

Nifty may try to open Flat to red 1.5%
Volatility Index (VIX) on last closing day = 44.00 (+3.38%)

TRADERS AND INTRADAY - flatish type market for 1 your then volatile till end, a slight recovery possible at end.
INVESTOR COMMUNITY - stay cool.

QUOTE - Just as our eyes need light in order to see, our minds need ideas in order to conceive. - Hill, Nepoleon

Tuesday, February 17, 2009

Probable Market TODAY (17 Feb)

17-02-2009
GOOD MORNING

AT the point Market looks in disappointment with budget annoucements and global cues,

Nifty
Prv Close 2848.50
Pivot Point 2880.27
Supports 2807>2766>2693
Resistance 2921>2994>3036

Nifty may try to open Flat to red 1%
Volatility Index (VIX) on last closing day = 42.56 (-0.75%)

TRADERS AND INTRADAY - Rangebound market with negetive bias.
INVESTOR COMMUNITY - start making shopping list for feb end / march start.

QUOTE - Capability means imagination - Hill, Nepoleon

Monday, February 16, 2009

Probable Market TODAY (16 Feb)

16-02-2009
GOOD MORNING

AT the point Market looks in hopeful mood for budget reliefs, but afraid to say that expectatations may not meet of market.

Nifty
Prv Close 2948.35
Pivot Point 2938.32
Supports 2907>2865>2834
Resistance 2953>3011>2980

Nifty may try to open Flat
Volatility Index (VIX) on last closing day = 43.31 (-2.34%)

TRADERS AND INTRADAY - little volatile market making a peak before 12.00 hrs.
INVESTOR COMMUNITY - start making shopping list.

QUOTE - The world has the habit of making room for the man whose actions show that he knows where he is going. - Hill, Nepoleon

Friday, February 13, 2009

Probable Market TODAY (13 Feb)

13-02-2009
GOOD MORNING

AT the point Market looks ready for consolidation in next week. Avoid Fresh positions.

Nifty
Prv Close 2893.05
Pivot Point 2906.20
Supports 2873>2854>2821
Resistance 2926>2959>2978

Nifty may try to open Flat
Volatility Index (VIX) on last closing day = 45.65 (-2.14%)

TRADERS AND INTRADAY - Range bound day with negetive bias, avoid intraday.
INVESTOR COMMUNITY - Wait and Watch.

QUOTE - More gold has been mined from the thoughts of men than has been taken from the earth. - Hill, Nepoleon

Thursday, February 12, 2009

Probable Market TODAY (12 Feb)

12-02-2009
GOOD MORNING

AT the point Market looks ready for consolidation in next week..

Nifty
Prv Close 2925.70
Pivot Point 2913.60
Supports 2890>2854>2830
Resistance 2950>2974>3010

Nifty may try to open Flat to red 1%
Volatility Index (VIX) on last closing day = 46.65 (+5.30%)

TRADERS AND INTRADAY - after 30 mins of timepass market will take a positive breath for 1 hour only, range bound market with negetive bias.
INVESTOR COMMUNITY - Wait and watch.

QUOTE - Money does not change men, it only unmasks them. - Riccoboni Mne

Wednesday, February 11, 2009

Probable Market TODAY (11 Feb)

11-02-2009
GOOD MORNING

AT the point Market looks ready for consolidation in coming days..

Nifty
Prv Close 2934.50
Pivot Point 2927.88
Supports 2898>2862>2833
Resistance 2964>2994>3030

Nifty may try to open Flat to red 1.5%
Volatility Index (VIX) on last closing day = 44.30(-0.63%)
TRADERS AND INTRADAY - after 75 mins of Steady / positive market, it will go volatile, but end of day it will try to catch the uptrend.
INVESTOR COMMUNITY - Wait and watch.

QUOTE - Capital can do nothing without brains to direct it. Armour, J. Ogden

Tuesday, February 10, 2009

Probable Market TODAY (10 Feb)

10-02-2009
GOOD MORNING

AT the point Market looks rangebound getting ready for consolidation in coming days..
Nifty
Prv Close 2919.90
Pivot Point 2895.33
Supports 2864>2809>2777
Resistance 2951>2982>3037

Nifty may try to open Flat to red 1%
Volatility Index (VIX) on last closing day = 44.58(-11.98%)
TRADERS AND INTRADAY - A Very Narrow ranged market with positive bias.
INVESTOR COMMUNITY - Wait and watch.

QUOTE - Yes! Ready money is Aladdin's lamp. Byron, Lord

Monday, February 9, 2009

Probable Market TODAY (09 Feb)

09-02-2009
GOOD MORNING


AT the point Market looks slight under pressure but no big damage expected today.

Nifty
Prv Close 2843.10
Pivot Point 2824.75
Supports 2797>2751>2723
Resistance 2871>2899>2845

Nifty may try to open Flat to green 1%
Volatility Index (VIX) on last closing day = 50.65(+15.32%)

TRADERS AND INTRADAY - with firm open , slide in 1st half and recovery in 2nd half expected.
INVESTOR COMMUNITY - Wait and watch.

Quote: When I was young I used to think that money was the most important thing in life. Now that I am old, I know it is. - Oscar Wilde

Friday, February 6, 2009

Probable Market TODAY (06 Feb)

06-02-2009
GOOD MORNING


AT the point Market looks slight under relief.

Nifty
Prv Close 2780.05
Pivot Point 2783.90
Supports 2751>2722>2689
Resistance 2813>2846>2875

Nifty may try to open Flat to green 1%
Volatility Index (VIX) on last closing day = 43.92(-1.06%)

TRADERS AND INTRADAY - Range bound market but slight upward movement in last one hour of market.
INVESTOR COMMUNITY - Wait and watch.

Quote: One guy in Thailand in the stock exchange put a gun to his head and said ‘Make the market go up or I’ll shoot myself’. Fantastic. That’s the kind of market I want to be in. - Mark Mobius

Thursday, February 5, 2009

Probable Market TODAY (05 Feb)

05-02-2009
GOOD MORNING


AT the point Market looks fully controlled by Global cues.

Nifty
Prv Close 2803.05
Pivot Point 2808.65
Supports 2775>2747>2714
Resistance 2837>2870>2891

Nifty may try to open Flat to red 1%
Volatility Index (VIX) on last closing day = 44.39(-9.85%)

TRADERS AND INTRADAY - Uncertain movements but the range is not big.keep caution after 2 pm.
INVESTOR COMMUNITY - As market is either taking time to enter final leg of sell off or on edge of condolidication stage after the eight years cycle of correction (we are in 13th month of from the 1st correction which indicates the consolidation) , only time will confirm the status, but the investor has least to do at this stage, just keep watching upto march 1st week, as both the above will help the investors to make shopping at cheaper levels.

Quote: Diversification may preserve wealth, but concentration builds wealth. - Warren Buffett

Wednesday, February 4, 2009

Probable Market TODAY (04 Feb)

04-02-2009
GOOD MORNING


AT the point Market looks under no trading zone,

Nifty
Prv Close 2766.65
Pivot Point 2789.50
Supports 2747>2711>2669
Resistance 2826>2868>2905

Nifty may try to open Flat to green Less than 1%
Volatility Index (VIX) on last closing day = 49.24(+12.70%)

TRADERS AND INTRADAY - Range bound market with 1st half positive and 2nd half as negetive bias.
INVESTOR COMMUNITY - avoid market for couple of weeks.

Quote: Let's get it clear on what phenomenal wealth is. I think that what Larry Ellison and Bill Gates have is phenomenal wealth. I'm just a two-bit billionaire. - Jim Clarke

Tuesday, February 3, 2009

Probable Market TODAY(03 Feb)

03-02-2009
GOOD MORNING


AT the point Market looks the battleground of FII and DII.

Nifty
Prv Close 2766.65
Pivot Point 2800.27
Supports 2727>2688>2614
Resistance 2840>2913>2953

Nifty may try to open Flat to green 1%
Volatility Index (VIX) on last closing day = 43.69(+3.78%)

TRADERS AND INTRADAY - Positive market for 2 hours , then the fluctuations will prevail in market, maintain caution for 40 mins just before EU markets.
INVESTOR COMMUNITY - avoid market for couple of weeks.

Quote: For some reason people take their cues from price action rather than from values. Price is what you pay. Value is what you get. - Warren Buffett

Monday, February 2, 2009

Probable Market TODAY (02 Feb)

02-02-2009
GOOD MORNING


AT the point Market looks for responce from global market supports and local news.

Nifty
Prv Close 2874.80
Pivot Point 2843.30
Supports 2806>2736>2699
Resistance 2912>2950>3019

Nifty may try to open Flat with red tone less than 1%
Volatility Index (VIX) on last closing day = 42.10(-2.34%)

TRADERS AND INTRADAY - Full day the market is looking to struggle for upside, but the results are looking very little successful, avoid 30 mins markets from open. after 2.30 maintain caution of volatility.
INVESTOR COMMUNITY - avoid market for couple of weeks.

Quote: Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well. - Warren Buffett