03-11-2008
GOOD MORNING
AT the point Market looks in cheerful mood to welcome RBI announcements, but the impact will be seen in market in long term, now market looks saturated with the recoveries in a row.
Nifty (2885.60)
Pivot 2834
Supports 2747>2609>2522
Resistance 2973>3059>3198
Sensex (9788.06)
Pivot 9673
Supports 9476>9165>8968
Resistance 9985>10182>10494
Volatility Index (VIX) on last closing day = 69.32 (+ 1.42%)
Nifty will try to open with positive tone of 2%+
ADVISE TO TRADERS AND INTRADAY - After good open though market may see profit booking around 1.40 pm onwarnds.
ADVISE TO INVESTOR COMMUNITY - Book your longs at once, or hedge for this week and next week start.
Quote: It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently. - Warren Buffett
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"
GOOD MORNING
AT the point Market looks in cheerful mood to welcome RBI announcements, but the impact will be seen in market in long term, now market looks saturated with the recoveries in a row.
Nifty (2885.60)
Pivot 2834
Supports 2747>2609>2522
Resistance 2973>3059>3198
Sensex (9788.06)
Pivot 9673
Supports 9476>9165>8968
Resistance 9985>10182>10494
Volatility Index (VIX) on last closing day = 69.32 (+ 1.42%)
Nifty will try to open with positive tone of 2%+
ADVISE TO TRADERS AND INTRADAY - After good open though market may see profit booking around 1.40 pm onwarnds.
ADVISE TO INVESTOR COMMUNITY - Book your longs at once, or hedge for this week and next week start.
Quote: It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently. - Warren Buffett
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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