Wednesday, May 27, 2009

Probable Market TODAY (27 May)

27-05-2009
GOOD MORNING

AT the point Market looks eager to react on cabinet issues by associates of Govt

Nifty
Prv Close 4116.70
Pivot Point 4155.00
Supports 4054>3991>3890
Resistance 4218>4319>4382

Nifty may try to open flatto green upto 2%.
Volatility Index (VIX) on last closing day = 52.37 (+ 19.81%)

TRADERS AND INTRADAY - market may hold till 1 pm then sharp cuts for 1 hour, next 30 mins may try to give relieves but the catch of downtrend may stay till end.
INVESTOR COMMUNITY - Be buyer on dips for june.