Thursday, April 9, 2009

Probable Market TODAY (09 Apr)

09-04-2009
GOOD MORNING

AT the point Market looks under pressure to give up the energy..

Nifty
Prv Close 3342.95
Pivot Point 3283.23
Supports 3209>3075>3001
Resistance 3417>3491>3625

Nifty may try to open Flat with green tone.
Volatility Index (VIX) on last closing day = 43.55 (+ 4.39%)

TRADERS AND INTRADAY - volatile market maintain caution, upbuilt seen around 13.30 to 14.10. strong possibility of profit booking after 14.10
INVESTOR COMMUNITY - wait n watch.

QUOTE - People who cannot find time for recreation are obliged sooner or later to find time for illness. - Wanamaker, John