Monday, May 11, 2009

Probable Market TODAY (11 May)

11-05-2009
GOOD MORNING

AT the point Market looks like in mood to make new stand in high zone under volatility.

Nifty
Prv Close 3620.70
Pivot Point 3638.27
Supports 3565>3509>3437
Resistance 3694>3767>3822

Nifty may try to open flat with slight green.
Volatility Index (VIX) on last closing day = 57.02 (+ 4.13%)

TRADERS AND INTRADAY - after 1st hour of timepass and lows market is expected to rise, volatility caution 12.20 to 14.30.
INVESTOR COMMUNITY - Short term investors must have to book their profit middle of the week, its precaution of volatility in coming days.

QUOTE - No man's fortune can be an end worthy of his being. - Bacon Francis