Probable Market TODAY (17 Feb)

17-02-2009
GOOD MORNING

AT the point Market looks in disappointment with budget annoucements and global cues,

Nifty
Prv Close 2848.50
Pivot Point 2880.27
Supports 2807>2766>2693
Resistance 2921>2994>3036

Nifty may try to open Flat to red 1%
Volatility Index (VIX) on last closing day = 42.56 (-0.75%)

TRADERS AND INTRADAY - Rangebound market with negetive bias.
INVESTOR COMMUNITY - start making shopping list for feb end / march start.

QUOTE - Capability means imagination - Hill, Nepoleon