Thursday, April 16, 2009

Probable Market TODAY (16 Apr)

16-04-2009
GOOD MORNING

AT the point Market looks cooling down.

Nifty
Prv Close 3484.15
Pivot Point 3431.17
Supports 3365>3245>3179
Resistance 3551>3617>3736

Nifty may try to open Flat and unreliable for 1st half.
Volatility Index (VIX) on last closing day = 48.02 (+ 3.14%)

TRADERS AND INTRADAY - in last 75 mins market is strong, balance whole day is under depression with a slight build up during 12 to 1..
INVESTOR COMMUNITY - wait n watch.

QUOTE - Industry, perseverance, and frugality make fortune yield. - Franklin, Benjamin