Probable Market TODAY (08 Apr)

08-04-2009
GOOD MORNING

AT the point Market looks to within healthy correction during the whole week.

Nifty
Prv Close 3256.6
Pivot Point 3257.28
Supports 3211>3165>3118
Resistance 3303>3350>3396

Nifty may try to open Flat to red 2%
Volatility Index (VIX) on last closing day = 41.72 (+11.55%)

TRADERS AND INTRADAY - down in 1st half , recovery in 2nd half, last 45 mins caution.
INVESTOR COMMUNITY - wait n watch , if holding any long position , then try to exit at tops and re-enter in month end.

QUOTE - Time; that black and narrow isthmus between two eternities. - Colton, Charles Caleb