Wednesday, February 18, 2009

Probable Market TODAY (18 Feb)

18-02-2009
GOOD MORNING

AT the point Market looks in disappointment with global cues,

Nifty
Prv Close 2770.50
Pivot Point 2794.15
Supports 2734>2697>2636
Resistance 2831>2892>2928

Nifty may try to open Flat to red 1.5%
Volatility Index (VIX) on last closing day = 44.00 (+3.38%)

TRADERS AND INTRADAY - flatish type market for 1 your then volatile till end, a slight recovery possible at end.
INVESTOR COMMUNITY - stay cool.

QUOTE - Just as our eyes need light in order to see, our minds need ideas in order to conceive. - Hill, Nepoleon