Probable Market TODAY (14 May)

14-05-2009
GOOD MORNING

AT the point Market looks clueless and moving towards volatile profit booking

Nifty
Prv Close 3635.25
Pivot Point 3651.68
Supports 3594>3552>3494
Resistance 3693>3751>3792

Nifty may try to open flat to red upto 2%.
Volatility Index (VIX) on last closing day = 50.73 (+ 0.83%)

TRADERS AND INTRADAY - start from negetive, but recovery hopes from 11 am and upto 1 45 pm it will try twice to form the peak for day.
INVESTOR COMMUNITY - Wait and watch.