Probable Market TODAY (19 May)

19-05-2009
GOOD MORNING

AT the point Market looks strong on 2nd day in row, post elections.

Nifty
Prv Close 4323.15
Pivot Point 4126.87
Supports 3869>3416>3158
Resistance 4581>4838>5292

Nifty may try to open flat to strong green.
Volatility Index (VIX) on last closing day = 50.53 (- 1.79%)

TRADERS AND INTRADAY - under volatility market will show good uptrend upto 1.30 pm, after 1.30 maintain little caution.
INVESTOR COMMUNITY - last 2 days of week looks good buying zone.