Probable Market TODAY (15 Dec)

15-12-2008
GOOD MORNING

AT the point Market is ready to break the resistances upside, but the strength is questioned !!

Nifty
Prv Close 2921.35
Pivot Point 2890.23
Supports 2844>2766>2719
Resistance 2967>3014>3092

Sensex
Prv Close 9690.07
Pivot Point 9863.09
Supports 9399>9109>8936
Resistance 9863>10036>10327

Nifty may try to open Flat to green 2%
Volatility Index (VIX) on last closing day = 49.43(- 4.48%)

TRADERS AND INTRADAY - Short sellers day !! major volatility may take place in 2nd half, trade with caution!!
INVESTOR COMMUNITY - get rid of weak stocks at this week !!

Quote: The era of extravagance and insanity has come to an end. This is a breath of fresh air. Drexel got what it deserved. These guys could destroy the country. There was no rhyme or reason for what was going on. - Pierre Rinfret on the demise of Drexel Burnham Lambert