25-05-2009
GOOD MORNING
AT the point Market looks once again dependent on global factors and will respond according to them.
Nifty
Prv Close 4238.50
Pivot Point 4214.62
Supports 4180>4121>4086
Resistance 4273>4308>4367
Nifty may try to open flat.
Volatility Index (VIX) on last closing day = 83.71 (+ 68.63%)
TRADERS AND INTRADAY - weak start 15 mins, then market looks positive but upto 3 knee jerks may hit market, caution time 1 to 2 pm.
INVESTOR COMMUNITY - Be buyer on dips only for june till may series expiery.