Tuesday, March 31, 2009

Probable Market TODAY (31 Mar)

31-03-2009
GOOD MORNING

AT the point Market looks in mood to recover for today.

Nifty
Prv Close 2978.15
Pivot Point 3016.92
Supports 2924>2869>2776
Resistance 3071>3165>3219

Nifty may try to open Flat to green about 1%
Volatility Index (VIX) on last closing day = 40.25 (+8.37%)

TRADERS AND INTRADAY - nice market for intra gains.
INVESTOR COMMUNITY - wait n watch.

QUOTE - For suffering and enduring there is no remedy, but striving and doing. - Carlyle, Thomas

Monday, March 30, 2009

Probable Market TODAY (30 Mar)

30-03-2009
GOOD MORNING

AT the point Market looks tired to go up so is the global cues, but will take sharp and short races to upkeep the balance.

Nifty
Prv Close 3108.65
Pivot Point 3095.97
Supports 3069>3029>3001
Resistance 3136>3163>3203

Nifty may try to open Flat to red 1% +
Volatility Index (VIX) on last closing day = 37.14 (+ 0.57%)

TRADERS AND INTRADAY - market expected to carry negetive bias upto EU market and positive thereafter but last half an hour looks profit booking.
INVESTOR COMMUNITY - wait n watch.

QUOTE - Parliament will train you to talk; and above all things to hear, with patience, unlimited quantities of foolish talk. - Carlyle, Thomas

Friday, March 27, 2009

Probable Market TODAY (27 Mar)

27-03-2009
GOOD MORNING

AT the point Market looks in volatility post expiery but stable for the day following global cues..

Nifty
Prv Close 3082.25
Pivot Point 3055.95
Supports 3009>2935>2887
Resistance 3130>3177>3251

Nifty may try to open Flat to positive
Volatility Index (VIX) on last closing day = 36.93 (+ 31.05%)

TRADERS AND INTRADAY - volatile with downside bias upto EU market have a positive market for 1 hr around 12 noon, positive expected after eu market..
INVESTOR COMMUNITY - wait n watch.

QUOTE - The courage we desire and prize is not the courage to die decently, but to live manfully. - Carlyle, Thomas

Thursday, March 26, 2009

Probable Market TODAY (26 Mar)

26-03-2009
GOOD MORNING

AT the point Market looks in volatility mood for expiery but not in mood to give up the gains.

Nifty
Prv Close 2984.35
Pivot Point 2968.05
Supports 2940>2895>2866
Resistance 3013>3041>3086

Nifty may try to open Flat with negetive bias
Volatility Index (VIX) on last closing day = 28.18 (- 25.53%)

TRADERS AND INTRADAY - start 15 mins alert for depression, whole day is under pressure but shorters may feel panic 2 pm to 2.30 pm.
INVESTOR COMMUNITY - use todays lows to shop but not more than 20%

QUOTE - No man sees far, most see no farther than their noses. - Carlyle, Thomas

Wednesday, March 25, 2009

Probable Market TODAY (25 Mar)

25-03-2009
GOOD MORNING

AT the point Market looks in consolidation mood for expiery.

Nifty
Prv Close 2938.70
Pivot Point 2956.87
Supports 2896>2854>2793
Resistance 2999>3060>3102

Nifty may try to open Flat flat bias
Volatility Index (VIX) on last closing day = 36.85 (- 2.07%)

TRADERS AND INTRADAY - Expected profit booking in 2nd half but the time around EU market is looking bullish !!
INVESTOR COMMUNITY - F&O expiery day may be used as 20 to 25% shopping.

QUOTE - No man sees far, most see no farther than their noses. - Carlyle, Thomas

Tuesday, March 24, 2009

Probable Market TODAY (24 Mar)

24-03-2009
GOOD MORNING

AT the point Market looks locked in upper band of resistance and needs some cooling down, but global cues are retrenching it.

Nifty
Prv Close 2939.90
Pivot Point 2898.97
Supports 2848>2756>2706
Resistance 2991>3041>3133

Nifty may try to open Flat to positive with flat bias
Volatility Index (VIX) on last closing day = 37.63 (+7.95%)

TRADERS AND INTRADAY - 2 Hours flat market then slight positive for 1 hour then again some depression, market is locked in upper resistance.
INVESTOR COMMUNITY - make fresh shopping list.

QUOTE - Make sure the thing you're living for is worth dying for. - Mayes, Charles

Monday, March 23, 2009

Probable Market TODAY (23 Mar)

23-03-2009
GOOD MORNING

AT the point Market looks energyless but with global cues will try to climb.

Nifty
Prv Close 2807.05
Pivot Point 2798.93
Supports 2782>2756>2739
Resistance 2824>2841>2867

Nifty may try to open Flay to positive with flat bias
Volatility Index (VIX) on last closing day = 34.86 (-3.11%)

TRADERS AND INTRADAY - after 15 mins of timepass market is expected to rise for 1 hour and try to stay there upto upto end of day.
INVESTOR COMMUNITY - make fresh shopping list for april series !!

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

Friday, March 20, 2009

Probable Market TODAY (20 Mar)

20-03-2009
GOOD MORNING

AT the point Market looks volatile in absence of any proper cue globally.

Nifty
Prv Close 2807.15
Pivot Point 2800.25
Supports 2778>2749>2727
Resistance 2829>2851>2880

Nifty may try to open Flay with negetive tone.
Volatility Index (VIX) on last closing day = 35.98 (-5.79%)

TRADERS AND INTRADAY - volatile market but recovery at end. 2nd and 3rd hour of market will have a low and recovery om both hours.
INVESTOR COMMUNITY - Keep booking profit at all levels, dont make any fresh position.

QUOTE - Marry for money, my little sonny, a rich man's joke is always funny. - Proverb, Hebrew

Thursday, March 19, 2009

Probable Market TODAY (19 Mar)

19-03-2009
GOOD MORNING

AT the point Market looks stressed to go up so the rule of gravity applies.

Nifty
Prv Close 2794.70
Pivot Point 2794.33
Supports 2753>2711>2669
Resistance 2836>2878>2920

Nifty may try to open Flat.
Volatility Index (VIX) on last closing day = 38.19 (-0.73%)

TRADERS AND INTRADAY - 1st hour flat to negetive bias then market will turn slight positive for 2 hrs and flat upto eu market, then profit booking expected to take place.
INVESTOR COMMUNITY - Keep booking profit at all levels, dont make any fresh position.

QUOTE - God shows his contempt for wealth by the kind of person he selects to receive it. - O'Malley, Austin

Wednesday, March 18, 2009

Probable Market TODAY (18 Mar)

18-03-2009
GOOD MORNING

AT the point Market looks stretched and volatility cant be ruled out.

Nifty
Prv Close 2757.45
Pivot Point 2767.25
Supports 2729>2700>2662
Resistance 2796>2834>2863

Nifty may try to open Flat with positive sparks for few minutes.
Volatility Index (VIX) on last closing day = 38.47 (+4.99%)

TRADERS AND INTRADAY - volatility packed day, both side movements are very sharp, avoid trading for first 20 mins.
INVESTOR COMMUNITY - Keep booking profit at all levels, dont make any fresh position.

QUOTE - I just need enough to tide me over until I need more. - Hoest, Bill

Tuesday, March 17, 2009

Probable Market TODAY (17 Mar)

17-03-2009
GOOD MORNING

AT the point Market looks flat and this consoildation phase is expected to remain for medium to long term.

Nifty
Prv Close 2777.25
Pivot Point 2753.72
Supports 2725>2674>2645
Resistance 2805>2834>2885

Nifty may try to open Flat.
Volatility Index (VIX) on last closing day = 36.64 (+3.01%)

TRADERS AND INTRADAY - after two hours of flat movements market will carry positive bias upto 2 pm, profit booking on cards after 2 pm.
INVESTOR COMMUNITY - Keep booking profit at all levels.

QUOTE - When a man says money can do anything, that settles it. He hasn't any. - Howe, Edgar Watson

Monday, March 16, 2009

Probable Market TODAY (16 Mar)

16-03-2009
GOOD MORNING

AT the point Market looks flat in absence of any clue from global and local front,

Nifty
Prv Close 2719.25
Pivot Point 2687.33
Supports 2649>2578>2539
Resistance 2758>2797>2868

Nifty may try to open Flat with green tone.
Volatility Index (VIX) on last closing day = 35.57 (-9.67%)

TRADERS AND INTRADAY - after 100 mins of timepass market will carry positive bias, a gap formation is visible for short time around eu market open. We can say it a Flat market with positive bias.
INVESTOR COMMUNITY - Keep booking profit at all levels.

QUOTE - Good management is better than good income. - Proverb, Portuguese

Friday, March 6, 2009

Probable Market TODAY (06 Mar)

06-03-2009
GOOD MORNING

AT the point Market looks trapped in between indian economy and global cues,

Nifty
Prv Close 2576.70
Pivot Point 2601.57
Supports 2539>2501>2439
Resistance 2639>2701>2738

Nifty may try to open Flat with red tone.
Volatility Index (VIX) on last closing day = 41.56 (-2.83%)

TRADERS AND INTRADAY - after 10 mins of open market will carry negetive bias with high volatility, but high chances of short cover at end of day .
INVESTOR COMMUNITY - risky players can opt for delivery based from 9th march, but dont expect to much gains in this period, market cant give booster gains in march and april .

QUOTE - The way by which you may get money almost without exception leads downward. - Thoreau, Henry David

Note : due to my personal tour programs, next posting on or after 16th march.

Thursday, March 5, 2009

Probable Market TODAY (05 Mar)

05-03-2009
GOOD MORNING

AT the point Market looks trapped in between indian economy and global cues,

Nifty
Prv Close 2645.20
Pivot Point 2637.62
Supports 2620>2594>2576
Resistance 2663>2681>2707

Nifty may try to open Flat with green tone.
Volatility Index (VIX) on last closing day = 42.77 (-3.76%)

TRADERS AND INTRADAY - mixed trend but last 30 mins looks up !! an average day.
INVESTOR COMMUNITY - stay cool.

QUOTE - Lack of money is the root of all evil. - Shaw, George Bernard


Note - due to my personal tour program, no post for the week 9th to 13 march.

Wednesday, March 4, 2009

Probable Market TODAY (04 Mar)

04-03-2009
GOOD MORNING

AT the point Market looks unguided between global cues, recession effects are taking control over growth story.

Nifty
Prv Close 2622.40
Pivot Point 2640.82
Supports 2593>2564>2516
Resistance 2670>2718>2747

Nifty may try to open Flat
Volatility Index (VIX) on last closing day = 44.44 (+2.49%)

TRADERS AND INTRADAY - upto 12.15 market looks strong then a depression upto 13.45, average is a recovery day.
INVESTOR COMMUNITY - stay cool.

QUOTE - Money will come to you when you are doing the right thing. - Phillips, Michael

Tuesday, March 3, 2009

Probable Market TODAY (03 Mar)

03-03-2009
GOOD MORNING

AT the point Market looks trapped in between indian economy and global cues, recession effects are taking control over growth story.

Nifty
Prv Close 2674.60
Pivot Point 2699.58
Supports 2635>2595>2530
Resistance 2740>2805>2845

Nifty may try to open Flat to red 1%
Volatility Index (VIX) on last closing day = 43.36 (+6.77%)

TRADERS AND INTRADAY - upto 12, ups and downs but trading oppertunities, then a small gap downside, 12.30 onwards market looks firm for 45 mins. followed by volatility upto end of day.. a flat to positive day upto eu market.
INVESTOR COMMUNITY - stay cool., coming days of the fortnight are looking horrible.

QUOTE - If I don't need the money, I don't work. - Spader James

Monday, March 2, 2009

Probable Market TODAY (02 Mar)

02-03-2009
GOOD MORNING

AT the point Market looks busy to find out the reasons to stay or go upside,
Nifty
Prv Close 2763.65
Pivot Point 2753.10
Supports 2719>2674>2640
Resistance 2798>2832>2877

Nifty may try to open Flat to red upto 2%
Volatility Index (VIX) on last closing day = 40.61 (+1.86%)

TRADERS AND INTRADAY - Volatile market with negetive bias, however one hour from 11.30 looks strong followed by 2 hours of volatility mixed up..
INVESTOR COMMUNITY - stay cool.

QUOTE - Make all you can, save all you can, give all you can. - WESLEY.