Probable Market TODAY (12 May)

12-05-2009
GOOD MORNING

AT the point Market looks waiting for some news towards new govt to make descisive moves.

Nifty
Prv Close 3554.60
Pivot Point 3583.12
Supports 3506>3457>3380
Resistance 3632>3709>3757

Nifty may try to open flat .
Volatility Index (VIX) on last closing day = 61.03 (+ 7.03%)

TRADERS AND INTRADAY -boring - rangebound 1st half and little positive with volatility 2nd half.
INVESTOR COMMUNITY - Wait and watch.

QUOTE - The worst solitude is to have no real friendships. Bacon, Francis