Probable Market TODAY (15 May)

15-05-2009
GOOD MORNING

AT the point Market looks volatile and bulls as well as bears are making the graph like electric waves.

Nifty
Prv Close 3593.45
Pivot Point 3587.65
Supports 3543>3493>3449
Resistance 3638>3682>3732

Nifty may try to open flat to green upto 1%.
Volatility Index (VIX) on last closing day = 51.25 (+ 1.03%)

TRADERS AND INTRADAY - good open but down from start upto 20 mins ........ from this low point upto three times one may get chance to earn in longs upto 1.15 pm where some caution has to be maintained for rest of day, average of day positive.
INVESTOR COMMUNITY - Wait and watch.