Probable Market TODAY (12 Dec)

12-12-2008
GOOD MORNING

AT the point Market is looking under pressure of global cues, profit booking at end cant be denied today.

Nifty
Prv Close 2920.15
Pivot Point 2909.00
Supports 2873>2825>2789
Resistance 2956>2993>3040

Sensex
Prv Close 9611.15
Pivot Point 9780.32
Supports 9476>9307>9172
Resistance 9780>9915>10084

Nifty may try to open Flat to red 2-3%
Volatility Index (VIX) on last closing day = 51.75(+ 2.76%)

TRADERS AND INTRADAY - positive in 1st half - negetive in 2nd half. Tone is negetive.
INVESTOR COMMUNITY - stay cool!

Quote: Innovation! One canot be forever innovating. I want to create classics! - Coco Chanel