Probable Market TODAY (20 May)

20-05-2009
GOOD MORNING

AT the point Market looks under sharp volatility and heading for a fair correction after big upmove.

Nifty
Prv Close 4318.45
Pivot Point 4331.83
Supports 4154>3990>3812
Resistance 4496>4674>4837

Nifty may try to open flat to red upto 2%.
Volatility Index (VIX) on last closing day = 58.10 (+ 14.98%)

TRADERS AND INTRADAY - useless market for 100 minutes, market may move upside after that under volatility, last 50 minutes looks not good for market.
INVESTOR COMMUNITY - last 2 days of week looks good buying zone.