Thursday, March 26, 2009

Probable Market TODAY (26 Mar)

26-03-2009
GOOD MORNING

AT the point Market looks in volatility mood for expiery but not in mood to give up the gains.

Nifty
Prv Close 2984.35
Pivot Point 2968.05
Supports 2940>2895>2866
Resistance 3013>3041>3086

Nifty may try to open Flat with negetive bias
Volatility Index (VIX) on last closing day = 28.18 (- 25.53%)

TRADERS AND INTRADAY - start 15 mins alert for depression, whole day is under pressure but shorters may feel panic 2 pm to 2.30 pm.
INVESTOR COMMUNITY - use todays lows to shop but not more than 20%

QUOTE - No man sees far, most see no farther than their noses. - Carlyle, Thomas