Probable Market TODAY (07 May)

07-05-2009
GOOD MORNING

AT the point Market trying to saturate by reaching at intermediate peak of the rally.

Nifty

Prv Close 3625.05
Pivot Point 3650.25
Supports 3583>3542>3475
Resistance 3690>3759>3800

Nifty may try to open flat to strong green.
Volatility Index (VIX) on last closing day = 51.21(+ 1.35%)

TRADERS AND INTRADAY - unsustainable strong open for 1 hour, but market looks strong upto 2 pm, caution time 12.40 to 1 pm, and after 2 pm.
INVESTOR COMMUNITY - upto 2nd week of may one should take profit must.

QUOTE - Money talks and often just says, Good Bye. - Unknown, Source