25-03-2009
GOOD MORNING
AT the point Market looks in consolidation mood for expiery.
Nifty
Prv Close 2938.70
Pivot Point 2956.87
Supports 2896>2854>2793
Resistance 2999>3060>3102
Nifty may try to open Flat flat bias
Volatility Index (VIX) on last closing day = 36.85 (- 2.07%)
TRADERS AND INTRADAY - Expected profit booking in 2nd half but the time around EU market is looking bullish !!
INVESTOR COMMUNITY - F&O expiery day may be used as 20 to 25% shopping.
QUOTE - No man sees far, most see no farther than their noses. - Carlyle, Thomas