Probable Market TODAY (04 May)

04-05-2009
GOOD MORNING

AT the point Market looks positive under volatility.

Nifty
Prv Close 3473.95
Pivot Point 3442.35
Supports 3398>3323>3279
Resistance 3518>3562>3638

Nifty may try to open flat to strong green.
Volatility Index (VIX) on last closing day = 46.63 (-4.45%)

TRADERS AND INTRADAY - strong 10 mins then market will may volatile for 1 hour again upside upto 1 pm, and then then mixed volatile market but close looks positive.
INVESTOR COMMUNITY - upto 2nd week of may one should take profit must.

QUOTE - It's just as easy to be happy with a lot of money as with a little. - Traub, Marvin