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