Probable Market TODAY (21 Jan)

21-01-2009
GOOD MORNING

AT the point Market is under pressure with global cues, recovery expected based on Q3 results now.

Nifty
Prv Close 2796.60
Pivot Point 2799.17
Supports 2755>2714>2670
Resistance 2840>2884>2925

Nifty may try to open 2-3% RED.
Volatility Index (VIX) on last closing day = 45.00 (+1.21%)

TRADERS AND INTRADAY - 1st two hours, multiple times of UP and LOW, then expected to bend for recovery.
INVESTOR COMMUNITY - Just wait and watch.

Quote: The market, like the Lord, helps those who help themselves. But, unlike the Lord, the market does not forgive those who know not what they do. - Warren Buffett