Probable Market TODAY (16 Mar)

16-03-2009
GOOD MORNING

AT the point Market looks flat in absence of any clue from global and local front,

Nifty
Prv Close 2719.25
Pivot Point 2687.33
Supports 2649>2578>2539
Resistance 2758>2797>2868

Nifty may try to open Flat with green tone.
Volatility Index (VIX) on last closing day = 35.57 (-9.67%)

TRADERS AND INTRADAY - after 100 mins of timepass market will carry positive bias, a gap formation is visible for short time around eu market open. We can say it a Flat market with positive bias.
INVESTOR COMMUNITY - Keep booking profit at all levels.

QUOTE - Good management is better than good income. - Proverb, Portuguese