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