Probable Market TODAY (16 Dec)

16-12-2008
GOOD MORNING

AT the point Market is looking in little depression, however week to week end basis it looks positive.

Nifty
Prv Close 2981.20
Pivot Point 2970.40
Supports 2928>2876>2835
Resistance 3023>3065>3117

Sensex
Prv Close 9832.39
Pivot Point 9843.34
Supports 9738>9644>9539
Resistance 9937>10042>10136

Nifty may try to open Flat
Volatility Index (VIX) on last closing day = 48.10(- 2.69%)

TRADERS AND INTRADAY - Short sellers day , 2nd half may see some uncertain recoveries,
INVESTOR COMMUNITY - get rid of weak stocks at this week !!

Quote: Money is lacking? Well then, create it! - Goethe