29-05-2009
GOOD MORNING
AT the point Market looks finding base for june upmoves..
Nifty
Prv Close 4337.10
Pivot Point 4315.60
Supports 4276>4215>4176
Resistance 4376>4416>4476
Nifty may try to open flat with positive bias.
Volatility Index (VIX) on last closing day = 44.58 (+ 7.24%)
TRADERS AND INTRADAY - 1st 75 mins may show strength, then market upto 2.30 pm may go volatile, after 2.30 market is expected to take strength..
INVESTOR COMMUNITY - Wait and watch.
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June = Rally in noon
July = Dont Rely
August = rally may bust
September = Buying remember