Probable Market TODAY (22 Jan)

22-01-2009
GOOD MORNING

AT the point Market is under pressure with fear of history. but looks history does not repeat always.

Nifty
Prv Close 2727.88
Pivot Point 2765.57
Supports 2688>2631>2671
Resistance 2766>2825>2863

Nifty may try to open 1% green.
Volatility Index (VIX) on last closing day = 45.41 (+0.91%)

TRADERS AND INTRADAY - 1st half depression, 2nd half positive under volatility, maintain caution 11 to 12.
INVESTOR COMMUNITY - Just wait and watch.

Quote: You can never go broke by taking a profit. - Meyer Rothschild