Tuesday, November 11, 2008

Probable Market TODAY (11 Nov)

11-11-2008
GOOD MORNING

AT the point Market as expected to remain volatile or in consolidation phase.

Nifty
  • Prv Close 3148.25
  • Pivot Point 3094
  • Supports 3027>2906>2839
  • Resistance 3215>3282>3403
Sensex
  • Prv Close 10536.16
  • Pivot Point 10401
  • Supports 10231>9926>9757
  • Resistance 10706>10876>11181

Nifty may try to open FLAT to Red 2.5%
Volatility Index (VIX) on last closing day = 63.76 (-3.46%)


ADVISE TO TRADERS AND INTRADAY - market looks good in last half an hour only.

ADVISE TO INVESTOR COMMUNITY - Dont take any long position (buy) in this week - stay hedged.

Quote: If you know why you bought a stock in the first place, you'll automatically have a better idea of when to say goodbye to it. - Peter Lynch

Disclaimer : "above is my personal observation, may not match with market trends, posted for information purpose only, Please consult your finance advisor before entering any investment / trading descision"

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