Friday, May 29, 2009

Probable Market TODAY (29 May)

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

Thursday, May 28, 2009

Probable Market TODAY (28 May)

28-05-2009
GOOD MORNING

AT the point Market looks biased with expiery volatility.

Nifty
Prv Close 4276.05
Pivot Point 4225.95
Supports 4165>4055>3994
Resistance 4337>4397>4508

Nifty may try to open flat with negetive bias.
Volatility Index (VIX) on last closing day = 41.57 (- 20.62%)

TRADERS AND INTRADAY - Volatile day, caution time 12.40 to 1.40 pm.
INVESTOR COMMUNITY - Wait and watch.

Wednesday, May 27, 2009

Probable Market TODAY (27 May)

27-05-2009
GOOD MORNING

AT the point Market looks eager to react on cabinet issues by associates of Govt

Nifty
Prv Close 4116.70
Pivot Point 4155.00
Supports 4054>3991>3890
Resistance 4218>4319>4382

Nifty may try to open flatto green upto 2%.
Volatility Index (VIX) on last closing day = 52.37 (+ 19.81%)

TRADERS AND INTRADAY - market may hold till 1 pm then sharp cuts for 1 hour, next 30 mins may try to give relieves but the catch of downtrend may stay till end.
INVESTOR COMMUNITY - Be buyer on dips for june.

Tuesday, May 26, 2009

Probable Market TODAY (26 May)

26-05-2009
GOOD MORNING

AT the point Market looks flat in wait of some news from new formed govt to take further movement.

Nifty
Prv Close 4237.55
Pivot Point 4237.57
Supports 4205>4173>4140
Resistance 4270>4303>4334

Nifty may try to open flat.
Volatility Index (VIX) on last closing day = 43.71 (- 47.78%)

TRADERS AND INTRADAY - dull market today, rise time 10.20 to 11.45 and after 3 pm, caution time 12.15 to 2 pm.
INVESTOR COMMUNITY - Be buyer on dips for june.