Probable Market TODAY(03 Feb)

03-02-2009
GOOD MORNING

AT the point Market looks the battleground of FII and DII.

Nifty
Prv Close 2766.65
Pivot Point 2800.27
Supports 2727>2688>2614
Resistance 2840>2913>2953

Nifty may try to open Flat to green 1%
Volatility Index (VIX) on last closing day = 43.69(+3.78%)

TRADERS AND INTRADAY - Positive market for 2 hours , then the fluctuations will prevail in market, maintain caution for 40 mins just before EU markets.
INVESTOR COMMUNITY - avoid market for couple of weeks.

Quote: For some reason people take their cues from price action rather than from values. Price is what you pay. Value is what you get. - Warren Buffett