Thursday, March 5, 2009

Probable Market TODAY (05 Mar)

05-03-2009
GOOD MORNING

AT the point Market looks trapped in between indian economy and global cues,

Nifty
Prv Close 2645.20
Pivot Point 2637.62
Supports 2620>2594>2576
Resistance 2663>2681>2707

Nifty may try to open Flat with green tone.
Volatility Index (VIX) on last closing day = 42.77 (-3.76%)

TRADERS AND INTRADAY - mixed trend but last 30 mins looks up !! an average day.
INVESTOR COMMUNITY - stay cool.

QUOTE - Lack of money is the root of all evil. - Shaw, George Bernard


Note - due to my personal tour program, no post for the week 9th to 13 march.