Probable Market TODAY (20 Nov)

20-11-2008
GOOD MORNING

AT the point Market looks ready to show its own colours of strength under volatility.

Nifty
Prv Close 2635.00
Pivot Point 2675.10
Supports 2578>2521>2423
Resistance 2732>2830>2887

Sensex
Prv Close 8773.78
Pivot Point 8912.28
Supports 8588>8403>8079
Resistance 9098>9422>9607

Nifty may try to open Flat to red 2%
Volatility Index (VIX) on last closing day = 60.84 (- 5.91%)

ADVISE TO TRADERS AND INTRADAY - starting with volatility of 90 mins market may be positive upto 12.15 then negetive bias would attack for 90 mins, however last 90 mins expected to show strength.

ADVISE TO INVESTOR COMMUNITY - buy at dips only!!

Quote: All paid employments absorb and degrade the mind. - Aristotle

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