12-02-2009
GOOD MORNING
AT the point Market looks ready for consolidation in next week..
Nifty
Prv Close 2925.70
Pivot Point 2913.60
Supports 2890>2854>2830
Resistance 2950>2974>3010
Nifty may try to open Flat to red 1%
Volatility Index (VIX) on last closing day = 46.65 (+5.30%)
TRADERS AND INTRADAY - after 30 mins of timepass market will take a positive breath for 1 hour only, range bound market with negetive bias.
INVESTOR COMMUNITY - Wait and watch.
QUOTE - Money does not change men, it only unmasks them. - Riccoboni Mne