Thursday, February 12, 2009

Probable Market TODAY (12 Feb)

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