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