Probable Market TODAY (27 Feb)

27-02-2009
GOOD MORNING

AT the point Market looks busy to find out the reasons to stay or go upside, new F&O lot size is chaos like students taken to musical chair race and most are left behind and pushed out of game.

Nifty
Prv Close 2785.65
Pivot Point 2771.78
Supports 2746>2706>2680
Resistance 2812>2838>2878

Nifty may try to open Flat to 1% red.
Volatility Index (VIX) on last closing day = 39.87 (-4.94%)

TRADERS AND INTRADAY - only 14.00 to 14.40 is looking stable up, balance market is just volatile in march series with new F&O lot size.
INVESTOR COMMUNITY - stay cool. we are inching close to shopping time.

QUOTE - Nobody deserves this much money -- certainly not an actor. - Lemmon, Jack