Probable Market TODAY (04 Feb)

04-02-2009
GOOD MORNING

AT the point Market looks under no trading zone,

Nifty
Prv Close 2766.65
Pivot Point 2789.50
Supports 2747>2711>2669
Resistance 2826>2868>2905

Nifty may try to open Flat to green Less than 1%
Volatility Index (VIX) on last closing day = 49.24(+12.70%)

TRADERS AND INTRADAY - Range bound market with 1st half positive and 2nd half as negetive bias.
INVESTOR COMMUNITY - avoid market for couple of weeks.

Quote: Let's get it clear on what phenomenal wealth is. I think that what Larry Ellison and Bill Gates have is phenomenal wealth. I'm just a two-bit billionaire. - Jim Clarke