30-01-2009
GOOD MORNING
AT the point Market movements looks without proper energy.
Nifty
Prv Close 2823.95
Pivot Point 2831.05
Supports 2788>2753>2710
Resistance 2867>2910>2945
Nifty may try to open Flat.
Volatility Index (VIX) on last closing day = 43.11 (+5.77%)
TRADERS AND INTRADAY - W shaped market chart with slight slope on both ends, tilted on downside towards close.
INVESTOR COMMUNITY - avoid market for couple of weeks.
Quote: You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with the 130 IQ. - Warren Buffett
Friday, January 30, 2009
Thursday, January 29, 2009
Probable Market TODAY (29 Jan)
29-01-2009
GOOD MORNING
AT the point Market looks in mood to offer bonus recovery on expiery volatile day..
Nifty
Prv Close 2849.50
Pivot Point 2823.50
Supports 2792>2734>2702
Resistance 2881>2913>2971
Nifty may try to open Flat to 1% green.
Volatility Index (VIX) on last closing day = 40.76 (-4.90%)
TRADERS AND INTRADAY - amid expiery and intraday volatility, market looks firm for whole day except last 20 mins. intraday volatility expected 11 to 2, but market is not for shorting today.
INVESTOR COMMUNITY - dont carry any long / short position for short term.
Quote: You could be somewhere where the mail was delayed three weeks and do just fine investing. - Warren Buffett
GOOD MORNING
AT the point Market looks in mood to offer bonus recovery on expiery volatile day..
Nifty
Prv Close 2849.50
Pivot Point 2823.50
Supports 2792>2734>2702
Resistance 2881>2913>2971
Nifty may try to open Flat to 1% green.
Volatility Index (VIX) on last closing day = 40.76 (-4.90%)
TRADERS AND INTRADAY - amid expiery and intraday volatility, market looks firm for whole day except last 20 mins. intraday volatility expected 11 to 2, but market is not for shorting today.
INVESTOR COMMUNITY - dont carry any long / short position for short term.
Quote: You could be somewhere where the mail was delayed three weeks and do just fine investing. - Warren Buffett
Wednesday, January 28, 2009
Probable Market TODAY (28 Jan)
28-01-2009
GOOD MORNING
AT the point Market looks under cover rally but intraday expiery volatility cant be denied.
Nifty
Prv Close 2771.35
Pivot Point 2744.63
Supports 2712>2652>2620
Resistance 2804>2837>2896
Nifty may try to open Flat to 1% green.
Volatility Index (VIX) on last closing day = 42.86 (+26.02%)
TRADERS AND INTRADAY - upto 12 the market is postive then sudden volatile, after 2 pm the market would get positive with closing minutes volatility.
INVESTOR COMMUNITY - dont carry any long / short position for short term.
Quote: All the great economic ills the world has known this century can be directly traced back to the London School of Economics. - N.M. Perrera
GOOD MORNING
AT the point Market looks under cover rally but intraday expiery volatility cant be denied.
Nifty
Prv Close 2771.35
Pivot Point 2744.63
Supports 2712>2652>2620
Resistance 2804>2837>2896
Nifty may try to open Flat to 1% green.
Volatility Index (VIX) on last closing day = 42.86 (+26.02%)
TRADERS AND INTRADAY - upto 12 the market is postive then sudden volatile, after 2 pm the market would get positive with closing minutes volatility.
INVESTOR COMMUNITY - dont carry any long / short position for short term.
Quote: All the great economic ills the world has known this century can be directly traced back to the London School of Economics. - N.M. Perrera
Tuesday, January 27, 2009
Probable Market TODAY (27 Jan)
27-01-2009
GOOD MORNING
AT the point Market looks volalitile for expiery amid under short cover rally for two days.
Nifty
Prv Close 2678.55
Pivot Point 2701.92
Supports 2638>2598>2534
Resistance 2742>2806>2846
Nifty may try to open Flat to 1% green.
Volatility Index (VIX) on last closing day = 34.01 (-25.33%)
TRADERS AND INTRADAY - start with depression of 10 mins, market will try to make peak in next hour, then would try to maintain it throughout the day under expiery volality. last half an hour maintain caution.
INVESTOR COMMUNITY - Two days short cover rally on cards, Book some profit in this upswing- dont take any fresh position.
Quote: The ultimate risk is not taking a risk. - James Goldsmith
GOOD MORNING
AT the point Market looks volalitile for expiery amid under short cover rally for two days.
Nifty
Prv Close 2678.55
Pivot Point 2701.92
Supports 2638>2598>2534
Resistance 2742>2806>2846
Nifty may try to open Flat to 1% green.
Volatility Index (VIX) on last closing day = 34.01 (-25.33%)
TRADERS AND INTRADAY - start with depression of 10 mins, market will try to make peak in next hour, then would try to maintain it throughout the day under expiery volality. last half an hour maintain caution.
INVESTOR COMMUNITY - Two days short cover rally on cards, Book some profit in this upswing- dont take any fresh position.
Quote: The ultimate risk is not taking a risk. - James Goldsmith
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