Wednesday, May 13, 2009

Probable Market TODAY (13 May)

13-05-2009
GOOD MORNING

AT the point Market looks clueless and moving towards profit booking in coming days.

Nifty
Prv Close 3681.10
Pivot Point 3635.65
Supports 3580>3478>3422
Resistance 3737>3793>3895

Nifty may try to open flat
Volatility Index (VIX) on last closing day = 50.31 (- 17.57%)

TRADERS AND INTRADAY - Market of less hopes, but exit your longs between 1.30 and 2 pm after which the trailor of coming days may be screened.
INVESTOR COMMUNITY - liquidate short term holdings.

QUOTE - Thy decay's still impregnate with divinity. - Byron, Lord