11-02-2009
GOOD MORNING
AT the point Market looks ready for consolidation in coming days..
Nifty
Prv Close 2934.50
Pivot Point 2927.88
Supports 2898>2862>2833
Resistance 2964>2994>3030
Nifty may try to open Flat to red 1.5%
Volatility Index (VIX) on last closing day = 44.30(-0.63%)
TRADERS AND INTRADAY - after 75 mins of Steady / positive market, it will go volatile, but end of day it will try to catch the uptrend.
INVESTOR COMMUNITY - Wait and watch.
QUOTE - Capital can do nothing without brains to direct it. Armour, J. Ogden