Probable Market TODAY (06 May)

06-05-2009
GOOD MORNING

AT the point Market trying not to loose its gains of past weeks.

Nifty
Prv Close 3661.90
Pivot Point 3654.28
Supports 3626>3591>3563
Resistance 3690>3718>3753

Nifty may try to open flat.
Volatility Index (VIX) on last closing day = 50.53(+ 2.00%)

TRADERS AND INTRADAY - Opening and start upside is just illusion, market is expected to remain under pressure for 75 mins, then upward trend with volatility, caution time after 14.10 till end.
INVESTOR COMMUNITY - upto 2nd week of may one should take profit must.

QUOTE - To withdraw myself from myself has ever been my sole, my entire, my sincere motive in scribbling at all. - Byron, Lord