Thursday, January 15, 2009

Probable Market TODAY (15 Jan)

15-01-2009
GOOD MORNING


AT the point Market is under pressure of global cues, only weekend can help it to recover.

Nifty
Prv Close 2835.30
Pivot Point 2812.32
Supports 2771>2707>2267
Resistance 2876>2917>2981

Nifty may try to open 2-3% red.
Volatility Index (VIX) on last closing day = 44.26 (+17.22%)

TRADERS AND INTRADAY - 1st 25 mins high volatile, overall market is little choppy, can try to get some buying in last 1 hour.
INVESTOR COMMUNITY - Stay cool now.

Quote: Short the industry which the majority of Harvard Business School want to join. - Marc Faber