Monday, November 17, 2008

Probable Market TODAY (17 Nov)

17-11-2008
GOOD MORNING

AT the point Market expected to remain volatile in week, end of week we may see some smart recovery.

Nifty
  • Prv Close 2810.35
  • Pivot Point 2843
  • Supports 2747>2683>2587
  • Resistance 2907>3003>3067
Sensex
  • Prv Close 9385.42
  • Pivot Point 9496
  • Supports 9157>8928>8588
  • Resistance 9725>10065>10294
Nifty may try to open flat
Volatility Index (VIX) on last closing day = 70.08 (-0.76%)


ADVISE TO TRADERS AND INTRADAY - after 1st 20 mins fluctuations of upside volatility , negetive breatth for market upto 2.30 then it will try to recover a little,

ADVISE TO INVESTOR COMMUNITY - Keep portfolio hedged for coming 3-4 days!! be optimistic for coming week.

Quote: We pay the debts of the last generation by issuing bonds payable by the next generation. - Lawrence J. Peter

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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