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.