Thursday, January 1, 2009

Probable Market TODAY (01 Jan)

01-01-2009
GOOD MORNING


AT the point Market looks with mixed trends, bulls and bears continue to take grip, but only time will reply the exact output.

Nifty
Prv Close 2959.15
Pivot Point 2966.38
Supports 2930>2901>2865
Resistance 2995>3032>3061

Sensex
Prv Close 9647.31
Pivot Point 9687.04
Supports 9548>9449>9310
Resistance 9786>9925>10024

Nifty may try to open Flat to little green
Volatility Index (VIX) on last closing day = 43.09 (- 1.36%)

TRADERS AND INTRADAY - Flat to positive for 1 hour then volatility expected in market, keep caution after 2 pm,
INVESTOR COMMUNITY - be buyer in panic lows, go slow for 4-5 days buy plan.

Quote: Negotiation is the art of letting the other side have your way. - Daniel Vare

Wish you all a very happy year 2009