Thursday, February 19, 2009

19.02.2009 morning trend

19-02-2009
GOOD MORNING
AT the point Market looks exausted,
this situation is often dangerous for short term,
NiftyPrv Close 2776.15
Pivot Point 2773.10
Supports 2740>2703>2670
Resistance 2810>2843>2879
Nifty may try to open Flat to red 1%
Volatility Index (VIX) on last closing day = 43.04 (-0.96%)
TRADERS & INTRADAY -ranghebound market upto 12,
slight +ve upto 2pm which may get finished by end of day..
INVESTOR COMMUNITY - stay cool.

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