Probable Market TODAY (15 Apr)

15-04-2009
GOOD MORNING

AT the point Market looks cooling down but sideways movements are still benefecial.

Nifty
Prv Close 3382.60
Pivot Point 3378.18
Supports 3339>3295>3255
Resistance 3422>3462>3505

Nifty may try to open Flat under red zone but will try to catch positive on open.
Volatility Index (VIX) on last closing day = 46.56 (+ 6.94%)

TRADERS AND INTRADAY - after 15 mins of upside selling pressure for 2 hr followed by some recovery upto 1.45 pm, 2 pm onwards market would slip but a violent recovery may take place at end.
INVESTOR COMMUNITY - wait n watch.

QUOTE - He that rises late must trot all day. - Franklin, Benjamin