06-01-2009
GOOD MORNING
AT the point Market looks desparate for a quick consolidation.
Nifty
Prv Close 3121.45
Pivot Point 3103.28
Supports 3075>3028>2999
Resistance 3150>3179>3226
Nifty may try to open Flat
Volatility Index (VIX) on last closing day = 38.60 (- 5.09%)
TRADERS AND INTRADAY - volatile day, since start the selling pressure will lead the market, 2nd and 3rd hour is only relief.
INVESTOR COMMUNITY - Book some profit in opening bell, mid term buyers can take delivery based trades in lows.
Quote: In the world of investment management, it is far better to fail very badly in a conventional way and lose a great deal of money for your client than to lose a little in an unconventional fashion. - Marc Faber
Tuesday, January 6, 2009
Monday, January 5, 2009
Probable Market TODAY (05 Jan)
05-01-2009
GOOD MORNING
AT the point Market looks desparate for a quick consolidation before the upmove.
Nifty
Prv Close 3046.75
Pivot Point 3049.47
Supports 3019>2991>2961
Resistance 3077>3107>3135
Nifty may try to open Flat to green upto 2%
Volatility Index (VIX) on last closing day = 40.67 (- 1.62%)
TRADERS AND INTRADAY - 1st 15 mins strong bullish, then market may take slide for 1 hour, again maintain caution after 2 pm, trend is indicating for a depression in end minutes.
INVESTOR COMMUNITY - Book some profit in opening bell, go slow in buying again.
Quote: I am not an expert on the economy. - Norman Lamont
GOOD MORNING
AT the point Market looks desparate for a quick consolidation before the upmove.
Nifty
Prv Close 3046.75
Pivot Point 3049.47
Supports 3019>2991>2961
Resistance 3077>3107>3135
Nifty may try to open Flat to green upto 2%
Volatility Index (VIX) on last closing day = 40.67 (- 1.62%)
TRADERS AND INTRADAY - 1st 15 mins strong bullish, then market may take slide for 1 hour, again maintain caution after 2 pm, trend is indicating for a depression in end minutes.
INVESTOR COMMUNITY - Book some profit in opening bell, go slow in buying again.
Quote: I am not an expert on the economy. - Norman Lamont
Friday, January 2, 2009
Probable Market TODAY (02 Jan)
02-01-2009
GOOD MORNING
AT the point Market looks with mixed trends, busy to break the weekly resistance to make way for upside, but it may take 1-2 days to complete.
Nifty
Prv Close 3033.45
Pivot Point 3012.00
Supports 2985>2936>2909
Resistance 3061>3088>3137
Sensex
Prv Close 9903.46
Pivot Point 9845.60
Supports 9770>9636>9559
Resistance 9980>10056>10190
Nifty may try to open Flat
Volatility Index (VIX) on last closing day = 41.34 (- 4.06%)
TRADERS AND INTRADAY - whole day looks volatile, however trend is not looking much downside.
INVESTOR COMMUNITY - be buyer in dips, go slow for 2-3 days buy plan.
Quote: Inflation isn't an Act of God. High inflation is a man-made disaster, like Southern beer and nylon shirts. - Ronald Long
GOOD MORNING
AT the point Market looks with mixed trends, busy to break the weekly resistance to make way for upside, but it may take 1-2 days to complete.
Nifty
Prv Close 3033.45
Pivot Point 3012.00
Supports 2985>2936>2909
Resistance 3061>3088>3137
Sensex
Prv Close 9903.46
Pivot Point 9845.60
Supports 9770>9636>9559
Resistance 9980>10056>10190
Nifty may try to open Flat
Volatility Index (VIX) on last closing day = 41.34 (- 4.06%)
TRADERS AND INTRADAY - whole day looks volatile, however trend is not looking much downside.
INVESTOR COMMUNITY - be buyer in dips, go slow for 2-3 days buy plan.
Quote: Inflation isn't an Act of God. High inflation is a man-made disaster, like Southern beer and nylon shirts. - Ronald Long
Thursday, January 1, 2009
Probable Market TODAY (01 Jan)
01-01-2009
GOOD MORNING
AT the point Market looks with mixed trends, bulls and bears continue to take grip, but only time will reply the exact output.
Nifty
Prv Close 2959.15
Pivot Point 2966.38
Supports 2930>2901>2865
Resistance 2995>3032>3061
Sensex
Prv Close 9647.31
Pivot Point 9687.04
Supports 9548>9449>9310
Resistance 9786>9925>10024
Nifty may try to open Flat to little green
Volatility Index (VIX) on last closing day = 43.09 (- 1.36%)
TRADERS AND INTRADAY - Flat to positive for 1 hour then volatility expected in market, keep caution after 2 pm,
INVESTOR COMMUNITY - be buyer in panic lows, go slow for 4-5 days buy plan.
Quote: Negotiation is the art of letting the other side have your way. - Daniel Vare
GOOD MORNING
AT the point Market looks with mixed trends, bulls and bears continue to take grip, but only time will reply the exact output.
Nifty
Prv Close 2959.15
Pivot Point 2966.38
Supports 2930>2901>2865
Resistance 2995>3032>3061
Sensex
Prv Close 9647.31
Pivot Point 9687.04
Supports 9548>9449>9310
Resistance 9786>9925>10024
Nifty may try to open Flat to little green
Volatility Index (VIX) on last closing day = 43.09 (- 1.36%)
TRADERS AND INTRADAY - Flat to positive for 1 hour then volatility expected in market, keep caution after 2 pm,
INVESTOR COMMUNITY - be buyer in panic lows, go slow for 4-5 days buy plan.
Quote: Negotiation is the art of letting the other side have your way. - Daniel Vare
Wish you all a very happy year 2009
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