Monday, April 20, 2009

Probable Market TODAY (20 Apr)

20-04-2009
GOOD MORNING

AT the point Market looks volatile in search of any firm base to maintain the high.

Nifty
Prv Close 3484.40
Pivot Point 3411.17
Supports 3332>3281>3202
Resistance 3463>3542>3594

Nifty may try to open flat with slight red.
Volatility Index (VIX) on last closing day = 50.80 (+ 0.57%)

TRADERS AND INTRADAY - volatile day , recopvery expected in 2nd half but 1st recovry expected to get sold off around 1.30 pm.
INVESTOR COMMUNITY - wait n watch.

QUOTE - Yes! Ready money is Aladdin's lamp. - Byron, Lord.