Wednesday, November 12, 2008

Probable Market TODAY (12 Nov)

12-11-2008
GOOD MORNING

AT the point Market is with mixed trend but volatility is contained still.

Nifty
  • Prv Close 2938.65
  • Pivot Point 3002
  • Supports 2856>2774>2629
  • Resistance 3084>3230>3312

Sensex

  • Prv Close 9839.69
  • Pivot Point 10015
  • Supports 1230>10621>10836
  • Resistance 9624>9408>9018
Nifty may try to open FLAT
Volatility Index (VIX) on last closing day = 66.99 (+3.23%)

ADVISE TO TRADERS AND INTRADAY - after 90 mins of low volatility, positive market upto eu market (not much upmove expected) then big volatile upto end,

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

Quote: Either they're trying to con you or they're trying to con themselves. - Warren Buffett on financial analysts

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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