25-11-2008
GOOD MORNING
AT the point Market looks in cheerful mood with global cues, amid volatility is present due to expiery.
Nifty
Prv Close 2708.25
Pivot Point 2694.13
Supports 2648>2588>2541
Resistance 2754>2800>2861
Sensex
Prv Close 8903.12
Pivot Point 8882.36
Supports 8723>8542>8383
Resistance 9063>9222>9402
Nifty may try to open Flat to green 3%
Volatility Index (VIX) on last closing day = 62.81 (- 2.56%)
ADVISE TO TRADERS AND INTRADAY - starting 20 mins are expected to form the peak of the day, Market may see Three upmoves and expected to close on mid of final cooling off.
ADVISE TO INVESTOR COMMUNITY - Keep booking profit at highs!!
Quote: I don't think it's terribly interesting how much money I give to charity because I have not solved any diseases yet. Until you do, what difference does it make? - Larry Ellison
Monday, November 24, 2008
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