01-12-2008
GOOD MORNING
AT the point Market looks positive under global cues while volatility on home front.
Nifty
Prv Close 2755.10
Pivot Point 2741.47
Supports 2704>2653>2515
Resistance 2793>2830>2881
Sensex
Prv Close 9092.72
Pivot Point 9046.61
Supports 8935>8778>8667
Resistance 9204>9315>9472
Nifty may try to open Flat
Volatility Index (VIX) on last closing day = 57.44 (- 2.19%)
ADVISE TO TRADERS AND INTRADAY - After 1st 15 mins of making positive market, no clear trend is visible for the day, Though market looks UP sideways for 3 days.
ADVISE TO INVESTOR COMMUNITY - wait with shopping lists. Try to book profit on portfolio at highs.
Quote: A bank lives on credit. Till it is trusted it is nothing; and when it ceases to be trusted it turns to nothing. - Walter Bagehot
Sunday, November 30, 2008
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