Wednesday, March 4, 2009

04-03-2009
GOOD MORNING
AT the point Market looks unguided between global cues,
recession effects are taking control over growth story.
NiftyPrv Close 2622.40
Pivot Point 2640.82
Supports 2593>2564>2516
Resistance 2670>2718>2747
Nifty may try to open FlatVolatility Index (VIX) on last closing day = 44.44 (+2.49%)
TRADERS AND INTRADAY - upto 12.15 market looks strong then a depression upto 13.45, average is a recovery day.
INVESTOR COMMUNITY - stay cool.

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