Profit with Phoenix as on 31/12/2009

Dear All,
Market expected to open positive today due to the supports of the Global market indicates. Hope one of the majour supports of Nifty(Fut) 4554 still remains the same, Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5054/5080 level which was showing gud strength has take Nifty(Fut) again to 5200 levels. Cut down of 4986 shall make Nifty witness some fall from there, Nifty(Fut) above 5070 may indicate us that Nifty starts showing gud resistance again, close of Nifty(Fut) above 5146/5172 may take Nifty(Fut) again back to long trend and make new high at 5213/5247 levels. Market expected to trade volatile. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +3, NASDAQ +3, HANGSEHG +264, KOSPI +10, NIKKE1 -92,
SHANGHAI +11, STRAITS +7, DAX -54, FTSE -40, CAC40 -24.

Todays Nifty(Fut) trading levels:

Base: 5199
Res: 5206/5226/5253/5280
Mid Res: 5203/5216/5240/5267
Supp: 5179/5172/5146/5119
Mid Supp: 5189/5176/5159/5132

Todays Bank Nifty trading levels:

Base: 9022
Res: 9013/9041/9059/9078
Mid Res: 9018/9027/9050/9069
Supp: 8994/9003/8984/8966
Mid Supp: 9008/8999/8994/8975

NOTE: Wishing you all & ur Family members a Happy and Prosporous New Year 2010.

Ur valuable comments & suggestions are welcomed. Interested clients may call me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade......

Profit with Phoenix as on 30/12/2009

Dear All,

Market expected to open negative today due to the supports of the Global market indicates. Hope one of the majour supports of Nifty(Fut) 4554 still remains the same, Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5054/5080 level which was showing gud strength has take Nifty(Fut) again to 5200 levels. Cut down of 4986 shall make Nifty witness some fall from there, Nifty(Fut) above 5070 may indicate us that Nifty starts showing gud resistance again, close of Nifty(Fut) above 5146/5172 may take Nifty(Fut) again back to long trend and make new high at 5213/5247 levels. Market expected to trade volatile. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW -2, NASDAQ -3, HANGSEHG -164, KOSPI -6, NIKKE1 -27,
SHANGHAI +34, STRAITS -5, DAX +9, FTSE +35, CAC40 +13.

Todays Nifty(Fut) trading levels:

Base: 5192
Res: 5199/5205/5218/5231
Mid Res: 5196/5202/5211/5224
Supp: 5186/5179/5166/5153
Mid Supp: 5189/5183/5172/5159

Todays Bank Nifty trading levels:

Base: 9000
Res: 9011/9018/9036/9054
Mid Res: 9006/9015/9027/9045
Supp: 8993/8982/8964/8946
Mid Supp: 8997/8988/8973/8955

Ur valuable comments & suggestions are welcomed. Interested clients may call me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade......

Profit with Phoenix as on 29/12/2009

Dear All,

Market expected to open flat today due to the supports of the Global market indicates. Hope one of the majour supports of Nifty(Fut) 4554 still remains the same, Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5054/5080 level which was showing gud strength has take Nifty(Fut) again to 5200 levels. Cut down of 4986 today shall make Nifty witness some fall from there, Nifty(Fut) above 5070 may indicate us that Nifty starts showing gud resistance again, close of Nifty(Fut) above 5146/5172 may take Nifty(Fut) again back to long trend and make new high at 5213/5247 levels. Market expected to trade volatile. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +27, NASDAQ +5, HANGSEHG -74, KOSPI -11, NIKKE1 -6,
SHANGHAI -14, STRAITS +.30,  DAX +45, FTSE +30, CAC40 +34.

Todays Nifty(Fut) trading levels:

Base: 5186
Res: 5197/5208/5231/5253
Mid Res: 5191/5202/5219/5242
Supp: 5174/5163/5140/5118
Mid Supp: 5180/5168/5152/5129

Todays Bank Nifty trading levels:

Base: 8981
Res: 8988/9006/9031/9056
Mid Res: 8985/8997/9019/9044
Supp: 8963/8956/8931/8906
Mid Supp: 8972/8960/8944/8919

Ur valuable comments & suggestions are welcomed. Interested clients may call me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade......

Profit with Phoenix as on 24/12/2009

Dear All,

Market expected to open positive today due to the supports of the Global market indicates. Hope one of the majour supports of Nifty(Fut) 4554 still remains the same, Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5054/5080 level which was showing gud strength now may take Nifty(Fut) again to 5200 levels shortely. Cut down of 4986 today shall make Nifty witness some fall from there, Nifty(Fut) above 5070 may indicate us that Nifty starts showing gud resistance again, close of Nifty(Fut) above 5146/5172 may take Nifty(Fut) again back to long trend and make new high at 5213/5247 levels. Market expected to trade volatile. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +1, NASDAQ +17, HANGSEHG +144, KOSPI +19, NIKKE1 +136,
SHANGHAI +57, STRAITS -4, DAX +12, FTSE +44, CAC40 +12.

Todays Nifty(Fut) trading levels:

Base: 5163
Res: 5167/5182/5202/5221
Mid Res: 5165/5175/5192/5211
Supp: 5148/5144/5125/5106
Mid Supp: 5156/5146/5135/5116

Todays Bank Nifty trading levels:

Base: 8945
Res: 8956/8990/9035/9080
Mid Res: 8951/8973/9013/9057
Supp: 8911/8900/8856/8811
Mid Supp: 8928/8906/8878/8833

Ur valuable comments & suggestions are welcomed. Interested clients may call me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade......

Profit with Phoenix as on 23/12/2009

Dear All,

Market expected to open positive today due to the supports of the Global market indicates. Hope one of the majour supports of Nifty(Fut) 4554 still remains the same, Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5054/5080 level which was showing low strength now may take Nifty(Fut) again to 4873 levels shortely. Cut down of 4986 today shall make Nifty witness some fall from there, Nifty(Fut) above 5070 may indicate us that Nifty starts showing gud resistance again, close of Nifty(Fut) above 5146/5172 may take Nifty(Fut) again back to long trend. Market expected to trade volatile. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +51, NASDAQ +15, HANGSEHG -10, KOSPI +2, NIKKE1 +195,
SHANGHAI +14, STRAITS +11, DAX +15, FTSE +35, CAC40 +26.

Todays Nifty(Fut) trading levels:

Base: 4995
Res: 4998/5010/5025/5040
Mid Res: 4997/5004/5018/5032
Supp: 4983/4981/4966/4951
Mid Supp: 4989/4982/4973/4958

Todays Bank Nifty trading levels:

Base: 8748
Res: 8749/8776/8804/8832
Mid Res: 8748/8762/8790/8818
Supp: 8721/8720/8692/8664
Mid Supp: 8734/8720/8706/8678

Ur valuable comments & suggestions are welcomed. Interested clients may call me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade......

Profit with Phoenix as on 18/12/2009

Dear All,

Market expected to open negative today due to the supports of the Global market indicates. Hope one of the majour supports of Nifty(Fut) 4554 still remains the same, Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5054/5080 level which was showing low strength now may take Nifty(Fut) again to 4873 levels shortely. Cut down of 4986 today shall make Nifty witness some fall from there, Close of Nifty(Fut) above 5146/5172 may take Nifty(Fut) again back to long trend. Market expected to trade volatile. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW -11, NASDAQ +5, HANGSEHG -264, KOSPI -16, NIKKE1 -13,
SHANGHAI -76, STRAITS -0.6, DAX -41, FTSE -49, CAC40 -28.

Todays Nifty(Fut) trading levels:

Base: 5025
Res: 5034/5039/5052/5066
Mid Res: 5029/5036/5045/5059
Supp: 5020/5011/4997/4983
Mid Supp: 5022/5015/5004/4990

Todays Bank Nifty trading levels:

Base: 8676
Res: 8704/8702/8728/8754
Mid Res: 8690/8703/8715/8741
Supp: 8678/8650/8624/8598
Mid Supp: 8677/8664/8637/8611

Change in market timing

Based on the market feedback, it has been jointly decided by NSE & BSE that the revision of market open timing to 9 a.m. shall be effective from January 4, 2010. In the interim, the current market open timing of 9.55 a.m. shall continue.

Ur valuable comments & suggestions are welcomed. Interested clients may call me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade......

Profit with Phoenix as on 17/12/2009

Dear All,


Market expected to open flat today due to the supports of the Global market indicates. Hope one of the majour supports of Nifty(Fut) 4554 still remains the same, Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5054/5080 level which was showing low strength now may take Nifty(Fut) again to 4873 levels shortely. Cut down of 4986 today shall make Nifty witness some fall from there, Close of Nifty(Fut) above 5146/5172 may take Nifty(Fut) again back to long trend. Market expected to trade volatile. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW -10, NASDAQ +6, HANGSEHG -175, KOSPI -11, NIKKE1 +44,
SHANGHAI -47, STRAITS +6, DAX +92, FTSE +34, CAC40 +42.

Todays Nifty(Fut) trading levels:

Base: 5035
Res: 5044/5049/562/5075
Mid Res: 5040/5046/5055/5069
Supp: 5031/5022/5008/4995
Mid Supp: 5033/5026/5015/5001

Todays Bank Nifty trading levels:

Base: 8662
Res: 8681/8689/8717/8745
Mid Res: 8671/8685/8703/8731
Supp: 8654/8634/8606/8578
Mid Supp: 8658/8644/8620/8592

NOTE: SEBI HAS ANNOUNCED THAT BOTH EXCHANGES NSE & BSE SHALL OPEN THEIR TRADING HOURS FROM 9.00 AM TILL 3.30 PM FROM FRIDAY(18/12/2009) ONWARDS.

Capital Market Segment

Normal Market / Retails Debt Market / Limited Physical Market Open: 9:00 a.m.
Block Trade session shall be available from 9:00 am to 9:35 am.
Normal Market/Retails Debt Market/Limited Physical Market close time shall remain unchanged i.e.3:30 pm
There is no change in the timings of closing session and Auction market.

Futures & Options Segment
Normal market / Exercise market open time: 9:00 a.m
Normal market close time shall remain unchanged i.e. 3:30 p.m.
There is no change in the cutoff time for set up of Position limit / Collateral value, Trade modification / Exercise market end time.

Ur valuable comments & suggestions are welcomed. Interested clients may call me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade......

Profit with Phoenix as on 16/12/2009

Dear All,

Market expected to open negative today due to the supports of the Global market indicates. Hope one of the majour supports of Nifty(Fut) 4554 still remains the same, Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5045/5073 level which was showing low strength now may take Nifty(Fut) again to 4873 levels shortely. Close of Nifty(Fut) above 5146/5172 may take Nifty(Fut) again back to long trend. Market expected to trade volatile. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW -49, NASDAQ -11, HANGSEHG -208, KOSPI -5, NIKKE1 +46,
SHANGHAI -3, STRAITS +3, DAX +9, FTSE -30, CAC40 +4.

Todays Nifty(Fut) trading levels:

Base: 5023
Res: 5033/5038/5054/5069
Mid Res: 5028/5035/5046/5061
Supp: 5017/5007/4992/4976
Mid Supp: 5020/5012/4999/4984

Todays Bank Nifty trading levels:

Base: 8717
Res: 8751/8759/8802/8844
Mid Res: 8734/8755/8780/8823
Supp: 8709/8674/8632/8589
Mid Supp: 8713/8692/8653/8610

Ur valuable comments & suggestions are welcomed. Interested clients may call me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade......

Profit with Phoenix as on 15/12/2009

Dear All,

Market expected to open flat to positive today due to the supports of the Global market indicates. Hope one of the majour supports of Nifty(Fut) 4554 still remains the same, Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5045/5073 level which was showing low strength now may take Nifty(Fut) again to 4873 levels shortely. Close of Nifty(Fut) above 5146/5172 may take Nifty(Fut) again back to long trend. Market expected to trade volatile. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +29, NASDAQ +21, HANGSEHG -153, KOSPI -1, NIKKE1 -9,
SHANGHAI -4, STRAITS +5, DAX +46, FTSE +53, CAC40 +26.

Todays Nifty(Fut) trading levels:

Base: 5112
Res: 5116/5128/5143/5158
Mid Res: 5114/5122/5135/5150
Supp: 5101/5097/5082/5067
Mid Supp: 5107/5099/5090/5074

Todays Bank Nifty trading levels:

Base: 9021
Res: 9033/9061/9101/9141
Mid Res: 9027/9047/9081/9121
Supp: 8993/8981/8941/8901
Mid Supp: 9007/8987/8961/8921

Ur valuable comments & suggestions are welcomed. Interested clients may call me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade......

Profit with phoenix as on 14/12/2009

Dear All,

Market expected to open flat to positive today due to the supports of the Global market indicates. Hope one of the majour supports of Nifty(Fut) 4554 still remains the same, Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5045/5073 level which was showing low strength now may take Nifty(Fut) again to 4873 levels shortely. Close of Nifty(Fut) above 5146/5172 may take Nifty(Fut) again back to long trend. Market expected to trade volatile. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +66, NASDAQ -0.50, HANGSEHG -289, KOSPI -10, NIKKE1 -98,
SHANGHAI -63, STRAITS -13, DAX +47, FTSE +5, CAC40 +17.

Todays Nifty(Fut) trading levels:

Base: 5110
Res: 5120/5134/5158/5182
Mid Res: 5115/5127/5146/5170
Supp: 5096/5086/5062/5038
Mid Supp: 5103/5091/5074/5050

Todays Bank Nifty trading levels:

Base: 9081
Res: 9103/9121/9161/9201
Mid Res: 9092/9112/9141/9181
Supp: 9063/9041/9001/8961
Mid Supp: 9072/9052/9021/8981

Ur valuable comments & suggestions are welcomed. Interested clients may call me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade......

Profit with Phoenix as on 11/12/2009

Dear All,

Market expected to open positive today due to the supports of the Global market indicates. Hope one of the majour supports of Nifty(Fut) 4554 still remains the same, Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5045/5073 level which was showing gud strength again may take Nifty(Fut) again above 5093/5123 levels. Close of Nifty(Fut) above 5146/5172 may take Nifty(Fut) again back to long trend. Market expected to trade volatile. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +69, NASDAQ +7, HANGSEHG +402, KOSPI +5, NIKKE1 +133,
SHANGHAI +6, STRAITS +16, DAX +61, FTSE +40, CAC40 +41.

Todays Nifty(Fut) trading levels:

Base: 5158
Res: 5156/5175/5191/5208
Mid Res: 5157/5166/5183/5200
Supp: 5140/5142/5125/5109
Mid Supp: 5149/5141/5134/5117

Todays Bank Nifty trading levels:

Base: 9262
Res: 9256/9293/9324/9355
Mid Res: 9259/9275/9309/9340
Supp: 9225/9231/9200/9169
Mid Supp: 9244/9228/9216/9185

Ur valuable comments & suggestions are welcomed. Interested clients may call me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade......

Profit with Phoenix as on 10/12/2009

Dear All,

Market expected to open flat to positive today due to the supports of the Global market indicates. Hope one of the majour supports of Nifty(Fut) 4554 still remains the same, Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5045/5073 level which was showing gud strength has started to fall now. Hope profit booking from the FII's have started and Dubai crises is also having an impact on our Indian market. Unless Nifty(Fut) again moves above 5093/5123 levels once again we shall have no much hope on Nifty for its positive ralley. Close of Nifty(Fut) above 5146/5172 may take Nifty(Fut) again back to long trend. Market expected to trade volatile. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +51, NASDAQ +11, HANGSEHG -160, KOSPI -12, NIKKE1 -84,
SHANGHAI -1, STRAITS -26, DAX -41, FTSE -19, CAC40 -28.

Todays Nifty(Fut) trading levels:

Base: 5110
Res: 5121/5124/5138/5152
Mid Res: 5116/5123/5131/5145
Supp: 5107/5096/5082/5068
Mid Supp: 5109/5102/5089/5075

Todays Bank Nifty trading levels:

Base: 9176
Res: 9217/9240/9304/9368
Mid Res: 9197/9229/9272/9336
Supp: 9153/9112/9049/8985
Mid Supp: 9165/9133/9081/9017

Ur valuable comments & suggestions are welcomed. Interested clients may call me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade......

Profit with Phoenix as on 09/12/2009

Dear All,

Market expected to open negative today due to the supports of the Global markets. Hope one of the majour supports of Nifty(Fut) 4554 still remains the same, Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5045/5073 level which was showing gud strength has started to fall now. Hope profit booking from the FII's have started and Dubai crises is also having an impact on our Indian market. Unless Nifty(Fut) again moves above 5093/5123 levels once again we shall have no much hope on Nifty for its positive ralley. Close of Nifty(Fut) above 5146/5172 may take Nifty(Fut) again back to long trend. Market expected to trade volatile. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW -104, NASDAQ -16, HANGSEHG -150, KOSPI -4, NIKKE1 -133,
SHANGHAI -53, STRAITS 1 DAX -96, FTSE -88, CAC40 -55.

Todays Nifty(Fut) trading levels:

Base: 5128
Res: 5146/5147/5164/5182
Mid Res: 5137/5146/5155/5173
Supp: 5128/5111/5093/5075
Mid Supp: 5128/5120/5102/5084

Todays Bank Nifty trading levels:

Base: 9259
Res: 9308/9312/9365/9418
Mid Res: 9283/9310/9338/9391
Supp: 9255/9206/9153/100
Mid Supp: 9257/9230/9179/9126

Ur valuable comments & suggestions are welcomed. Interested clients may call me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade......

Profit with Phoenix as on 08/12/2009

Dear All,

Market expected to open negative today due to the supports of the Global markets. Hope one of the majour supports of Nifty(Fut) 4554 still remains the same, Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5045/5073 level which was showing gud strength has started to fall now. Hope profit booking from the FII's have started. Unless Nifty(Fut) again moves above 5093/5123 levels once again we shall have no much hope on Nifty for its positive ralley. Close of Nifty(Fut) above 5146/5172 may take Nifty(Fut) again back to long trend. Market expected to trade volatile. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +1, NASDAQ -5, HANGSEHG -165, KOSPI -3NIKKE1 -51,
SHANGHAI -44, STRAITS +2, DAX -33, FTSE -12, CAC40 -7.

Todays Nifty(Fut) trading levels:

Base: 5068
Res: 5079/5089/5110/5130
Mid Res: 5073/5084/5099/5120
Supp: 5058/5047/5026/5005
Mid Supp: 5063/5052/5036/5016

Todays Bank Nifty trading levels:

Base: 9154
Res: 9172/9183/9212/9241
Mid Res: 9163/9177/9197/9226
Supp: 9143/9125/9096/9067
Mid Supp: 9148/9134/9110/9081

Ur valuable comments & suggestions are welcomed. Interested clients may call me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade......

Profit with Phoenix as on 07/12/2009

Dear All,

Market expected to open flat today due to the supports of the Global markets. Hope one of the majour supports of Nifty(Fut) 4554 still remains the same, Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5073/5045 level which is now showing gud strength shall take Nifty(Fut) above 5093/5123/5186 once again. Close of Nifty(Fut) above 5123 has show us a new break of the recent high at 5191.55, this gives us a hope to take Nifty to 5200/5250. Market expected to trade volatile. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +22, NASDAQ +21, HANGSEHG -167, KOSPI -4, NIKKE1 +87,
SHANGHAI -8, STRAITS -2, DAX +47, FTSE +9, CAC40 +48.

Todays Nifty(Fut) trading levels:

Base: 5122
Res: 5128/5141/5161/5181
Mid Res: 5125/5135/5151/5171
Supp: 5109/5102/5082/5062
Mid Supp: 5115/5105/5092/5072

Todays Bank Nifty trading levels:

Base: 9263
Res: 9281/9316/9370/9424
Mid Res: 9272/9298/9343/9397
Supp: 9227/9209/9155/9101
Mid Supp: 9245/9218/9182/9128

Ur valuable comments & suggestions are welcomed. Interested clients may call me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade......

Profit with Phoenix as on 04/12/2009

Dear All,

Market expected to open negative today due to the supports of the Global markets. Hope one of the majour supports of Nifty(Fut) 4554 still remains the same, Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5073/5045 level which is now showing gud strength shall take Nifty(Fut) above 5093/5123/5186 once again. Close of Nifty(Fut) above 5123 is giving us a hope that nifty may break its recent high and sure take Nifty to 5200/5250 now. Market expected to trade volatile. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW -87, NASDAQ -12, HANGSEHG -268, KOSPI +5, NIKKE1 -2,
SHANGHAI -2, STRAITS -13, DAX -11, FTSE -14, CAC40 +3.

Todays Nifty(Fut) trading levels:

Base: 5105
Res: 5125/5119/5132/5146
Mid Res: 5115/5122/5125/5139
Supp: 5112/5091/5078/5064
Mid Supp: 5108/5101/5085/5071

Todays Bank Nifty trading levels:

Base: 9281
Res: 9328/9325/9369/9413
Mid Res: 9305/9327/9347/9391
Supp: 9284/9238/9194/9150
Mid Supp: 9283/9261/9216/9172

Ur valuable comments & suggestions are welcomed. Interested clients may call me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade......

Profit with Phoenix as on 03/12/2009

Dear All,


Market expected to open positive today due to the supports of the Global markets. Hope one of the majour supports of Nifty(Fut) 4554 still remains the same, Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5073/5045 level which is now showing gud strength shall take Nifty(Fut) above 5093/5123/5186 once again. Close of Nifty(Fut) above 5123 is giving us a hope that nifty may break its recent high and sure take Nifty to 5200/5250 now. Market expected to trade volatile. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW -19, NASDAQ +9, HANGSEHG +130, KOSPI +9, NIKKE1 +284,
SHANGHAI -14, STRAITS +3, DAX +5, FTSE +15, CAC40 +20.

Todays Nifty(Fut) trading levels:

Base: 5131
Res: 5129/5140/5149/5159
Mid Res: 5130/5135/5145/5154
Supp: 5120/5122/5113/5103
Mid Supp: 5126/5121/5117/5108

Todays Bank Nifty trading levels:

Base: 9340
Res: 9338/9366/9392/9418
Mid Res: 9339/9352/9379/9405
Supp: 9312/9314/9288/9262
Mid Supp: 9326/9313/9301/9275

Ur valuable comments & suggestions are welcomed. Interested clients may call me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade......

Profit with Phoenix as on 02/12/2009

Dear All,

Market expected to open positive today due to the supports of the Global markets. Hope one of the majour supports of Nifty(Fut) 4554 still remains the same, Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5073/5045 level which is now showing gud strength shall take Nifty(Fut) above 5093/5123/5186 once again. Close of Nifty(Fut) above 5123 is giving us a hope that nifty may break its recent high and sure take Nifty to 5200/5250 now. Market expected to trade volatile. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +126, NASDAQ +31, HANGSEHG +263, NIKKE1 +1, SHANGHAI +35,
STRAITS +18, KOSPI +24, DAX +150, FTSE +122, CAC40 +96.

Todays Nifty(Fut) trading levels:

Base: 5143
Res: 5142/5153/5164/5174
Mid Res: 5143/5148/5158/5169
Supp: 5132/5130/5122/5111
Mid Supp: 5137/5132/5127/5117

Todays Bank Nifty trading levels:

Base: 9301
Res: 9322/9390/9479/9568
Mid Res: 9311/9356/9434/9523
Supp: 9233/9212/9123/9034
Mid Supp: 9267/9222/9167/9078

Ur valuable comments & suggestions are welcomed. Interested clients may call me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade......

Profit with Phoenix as on 01/12/2009

Dear All,

Market expected to open positive today due to the supports of the Global markets. Hope one of the majour supports of Nifty(Fut) 4554 still remains the same, Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5073/5045 level which showed gud strength has been broken, thats why we have started to witness fall on Nifty again. Sustainity of Nifty(Fut) above 5054/5073 may take market to 5093/5123/5186 once again. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +35, NASDAQ +6, HANGSEHG +72, NIKKE1 +112, SHANGHAI -2,
STRAITS +23, KOSPI +3, DAX -60, FTSE -55, CAC40 -41.

Todays Nifty(Fut) trading levels:

Base: 5046
Res: 5047/5065/5084/5103
Mid Res: 5047/5056/5074/5093
Supp: 5029/5028/5009/4990
Mid Supp: 5038/5028/5018/5000

Todays Bank Nifty trading levels:

Base: 9034
Res: 9051/9089/9144/9199
Mid Res: 9042/9070/9117/9172
Supp: 8996/8979/8924/8869
Mid Supp: 9015/8987/8952/8897

Ur valuable comments & suggestions are welcomed. Interested clients may call me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade......

Profit with Phoenix as on 30/11/2009

Dear All,

Market expected to open flat today due to the supports of the Global markets. Hope one of the majour supports of Nifty(Fut) 4554 still remains the same, Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5073/5045 level which showed gud strength has been broken, thats why we have started to witness fall on Nifty again. FII's selling has started slowly which confirms us this fall since 3 days. Sustainity of Nifty(Fut) above 5054/5073 may take market to 5093/5123/5186 once again. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW -154, NASDAQ -37, HANGSEHG +722, NIKKE1 +247, SHANGHAI +78,
STRAITS -23, KOSPI +41, DAX +71, FTSE +51, CAC40 +42.

Todays Nifty(Fut) trading levels:

Base: 4985
Res: 4978/5011/5037/5063
Mid Res: 4982/4995/5024/5050
Supp: 4952/4959/4933/4907
Mid Supp: 4969/4956/4946/4920

Todays Bank Nifty trading levels:

Base: 9030
Res: 9036/9133/9236/9339
Mid Res: 9033/9085/9184/9287
Supp: 8933/8928/8825/8722
Mid Supp: 8982/8930/8876/8773

Ur valuable comments & suggestions are welcomed. Interested clients may call me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade......

Profit with Phoenix as on 27/11/2009

Dear All,

Market expected to open negative today due to the supports of the Global markets. Hope one of the majour supports of Nifty(Fut) 4554 still remains the same, Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5073/5045 level which showed gud strength has been broken yesterday, thats why we have started to witness fall on Nifty again. FII's selling has started slowly which confirms us this fall since 2 days. Sustainity of Nifty(Fut) above 5054/5073 may take market to 5093/5123/5186 once again but which i feel is very difficult. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +31, NASDAQ +7, HANGSEHG -642, NIKKE1 -170, SHANGHAI -33,
STRAITS -31, KOSPI -40, DAX -189, FTSE -171, CAC40 -130.

Todays Nifty(Fut) trading levels:

Base: 4934
Res: 4983/4974/5015/5056
Mid Res: 4958/4979/4995/5036
Supp: 4942/4892/4851/4810
Mid Supp: 4938/4917/4872/4831

Todays Bank Nifty trading levels:

Base: 8882
Res: 9061/9080/9278/9476
Mid Res: 8971/9070/9179/9377
Supp: 8663/8684/8486/8288
Mid Supp: 8872/8773/8585/8387

Ur valuable comments & suggestions are welcomed. Interested clients may call me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade......

Profit with Phoenix as on 26/11/2009

Dear All,

Market expected to open flat today due to the supports of the Global markets. Hope one of the majour support of Nifty(Fut) 4554 has been achieved and where by it was not able to withstand the selling pressure from there, thats why we have started to witness some recovery from there. Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5045 level showes a gud strength. Sustainity of Nifty(Fut) above 5054/5073 may take market to 5093/5123/5186 once again. Nifty expected to reach 5250, all long positions may be kept on hold with a strict SL of 5045. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +31, NASDAQ +7, HANGSEHG -223, NIKKE1 +4, SHANGHAI -34,
STRAITS -12, KOSPI +1, DAX +34, FTSE +41, CAC40 +25.

Todays Nifty(Fut) trading levels:

Base: 5097
Res: 5112/5115/5134/5153
Mid Res: 5104/5114/5125/5144
Supp: 5093/5978/5059/5040
Mid Supp: 5095/5085/5068/5049

Todays Bank Nifty trading levels:

Base: 9283
Res: 9315/9326/9369/9412
Mid Res: 9299/9321/9348/9391
Supp: 9272/9240/9197/9154
Mid Supp: 9278/9256/9219/9176

Ur valuable comments & suggestions are welcomed. Interested clients may call me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade......

Profit with Phoenix as on 25/11/2009

Dear All,


Market expected to open flat today due to the supports of the Global markets. Hope one of the majour support of Nifty(Fut) 4554 has been achieved and where by it was not able to withstand the selling pressure from there, thats why we have started to witness some recovery from there. Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5045 level showes a gud strength. Sustainity of Nifty(Fut) above 5054/5073 may take market to 5093/5123/5186 once again. Nifty expected to reach 5250, all long positions may be kept on hold with a strict SL of 5045. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW -17, NASDAQ -7, HANGSEHG -23, NIKKE1 +4, SHANGHAI -6,
STRAITS -0.17, KOSPI -2, DAX -32, FTSE -32, CAC40 -29.

Todays Nifty(Fut) trading levels:

Base: 5088
Res: 5095/5103/5118/5133
Mid Res: 5091/5099/5111/5126
Supp: 5080/5072/5057/5042
Mid Supp: 5084/5076/5065/5050

Todays Bank Nifty trading levels:

Base: 9230
Res: 9245/9254/9278/9302
Mid Res: 9237/9249/9266/9290
Supp: 9221/9206/9182/9158
Mid Supp: 9225/9213/9194/9170

Ur valuable comments & suggestions are welcomed. Interested clients may call me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade......

Profit with Phoenix as on 24/11/2009

Dear All,
Market expected to open flat today due to the supports of the Global markets. Hope one of the majour support of Nifty(Fut) 4554 has been achieved and where by it was not able to withstand the selling pressure from there, thats why we have started to witness some recovery from there. Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5045 level showes a gud strength. Sustainity of Nifty(Fut) above 5054/5073 may take market to 5093/5123/5186 once again. Nifty expected to reach 5250, all long positions may be kept on hold with a strict SL of 5045. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +133, NASDAQ +30, HANGSEHG -108, NIKKE1 -90, SHANGHAI +4,
STRAITS -4, KOSPI -15, DAX +138, FTSE +104, CAC40 +84.

Todays Nifty(Fut) trading levels:

Base: 5099
Res: 5110/5113/5127/5141
Mid Res: 5105/5112/5120/5134
Supp: 5096/5085/5071/5057
Mid Supp: 5098/5091/5078/5064

Todays Bank Nifty trading levels:

Base: 9270
Res: 9300/9305/9340/9375
Mid Res: 9285/9302/9322/9357
Supp: 9265/9235/9200/9165
Mid Supp: 9267/9250/9217/9182

Ur valuable comments & suggestions are welcomed. Interested clients may call me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 23/11/2009

Dear All,

Market expected to open positive today due to the supports of the Global markets. Hope one of the majour support of Nifty(Fut) 4554 has been achieved and where by it was not able to withstand the selling pressure from there, thats why we have started to witness some recovery from there. Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5023 level showes a gud strength. Sustainity of Nifty(Fut) above 5006/5023 may take market to 5054/5093 once again. Yesterdays market was very volitile where it broke our levels and made a low of 4936, unless market sustains above 5054 clients may not be able to hold ur long positions confidently. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW -14, NASDAQ -11, HANGSEHG +99, NIKKE1 -52, SHANGHAI +3,
STRAITS +14, KOSPI -3, DAX -39, FTSE -16, CAC40 -31.

Todays Nifty(Fut) trading levels:

Base: 5075
Res: 5082/5098/5121/5144
Mid Res: 5078/5090/5110/5133
Supp: 5059/5052/5028/5005
Mid Supp: 5067/5055/5040/5017

Todays Bank Nifty trading levels:

Base: 9280
Res: 9310/9389/9498/9607
Mid Res: 9295/9350/9444/9553
Supp: 9201/9171/9062/8953
Mid Supp: 9241/9186/9117/9008

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 20/11/2009

Dear All,

Market expected to open negative today due to the supports of the Global markets. Hope one of the majour support of Nifty(Fut) 4554 has been achieved and where by it was not able to withstand the selling pressure from there, thats why we have started to witness some recovery from there. Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5023 level showes a gud strength. Sustainity of Nifty(Fut) above 5006/5023 may take market to 5054/5093 once again. Yesterdays market was very volitile where it broke our levels and made a low of 4962.10, unless market sustains above 5054 clients may not be able to hold ur long positions confidently. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW -94, NASDAQ -36, HANGSEHG -158, NIKKE1 -120, SHANGHAI -21,
STRAITS +9, KOSPI -1, DAX -85, FTSE -74, CAC40 -68.

Todays Nifty(Fut) trading levels:

Base: 4974
Res: 4988/4989/5004/5019
Mid Res: 4981/4988/4996/5011
Supp: 4973/4959/4944/4929
Mid Supp: 4973/4966/4952/4937

Todays Bank Nifty trading levels:

Base: 8988
Res: 9026/9037/9086/9135
Mid Res: 9007/9031/9061/9110
Supp: 8977/8939/8890/8841
Mid Supp: 8982/8958/8914/8865

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 19/11/2009

Dear All,

Market expected to open negative today due to the supports of the Global markets. Hope one of the majour support of Nifty(Fut) 4554 has been achieved and where by it was not able to withstand the selling pressure from there, thats why we have started to witness some recovery from there. Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5023 level showes a gud strength. Sustainity of Nifty(Fut) above 5006/5023 may take market to 5054/5093 once again. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW -11, NASDAQ -10, HANGSEHG -113, NIKKE1 -93, SHANGHAI -3,
STRAITS +21, KOSPI +16, DAX +9, FTSE -4, CAC40 -0.9.

Todays Nifty(Fut) trading levels:

Base: 5054
Res: 5058/5061/5076/5092
Mid Res: 5052/5059/5069/5084
Supp: 5042/5030/5014/4999
Mid Supp: 5044/5036/5022/5007

Todays Bank Nifty trading levels:

Base: 9196
Res: 9228/9230/9264/9298
Mid Res: 9212/9229/9247/9281
Supp: 9194/9162/9128/9094
Mid Supp: 9195/9178/9145/9111

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 18/11/2009

Dear All,

Market expected to open negative today due to the supports of the Global markets. Nifty has started to raise little by little since last 4 days. Hope one of the majour support of Nifty(Fut) 4554 has been achieved and where by it was not able to withstand the selling pressure from there, thats why we have started to witness some recovery from there. Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5023 level showes a gud strength. Sustainity of Nifty(Fut) above 5006/5023 may take market to 5054/5093 once again. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +30, NASDAQ +5, HANGSEHG -147, NIKKE1 -14, SHANGHAI +9,
STRAITS -8, KOSPI +14, DAX -26, FTSE -37, CAC40 -34.

Todays Nifty(Fut) trading levels:

Base: 5048
Res: 5061/5060/5072/5083
Mid Res: 5055/5061/5066/5077
Supp: 5050/5036/5025/5013
Mid Supp: 5049/5043/5025/5013

Todays Bank Nifty trading levels:

Base: 9254
Res: 9289/9284/9313/9343
Mid Res: 9272/9286/9299/9328
Supp: 9260/9225/9196/9166
Mid Supp: 9257/9242/9210/9181

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Proft with Phoenix as on 17/11/2009

Dear All,

Market expected to open flat today due to the supports of the Global markets. Nifty has started to raise little by little since last 4 days. Hope one of the majour support of Nifty(Fut) 4554 has been achieved and where by it was not able to withstand the selling pressure from there, thats why we have started to witness some recovery from there. Support continues to be at these levels 4597/4545/4512. One of the majour resistance 4954 level showes a gud strength. Sustainity of Nifty(Fut) above 4930/4973 may take market to 5023/5054 once again. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +136, NASDAQ +30, HANGSEHG -109, NIKKE1 -45, SHANGHAI +2,
STRAITS -12, KOSPI -4, DAX +118, FTSE +86, CAC40 +57.

Todays Nifty(Fut) trading levels:

Base: 5055
Res: 5071/5080/5106/5131
Mid Res: 5063/5076/5093/5118
Supp: 5046/5030/5005/4980
Mid Supp: 5051/5038/5018/4993

Todays Bank Nifty trading levels:

Base: 9238
Res: 9337/9397/9556/9715
Mid Res: 9288/9367/9477/9635
Supp: 9178/9080/8921/8762
Mid Supp: 9208/9129/9000/8841

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 16/11/2009

Dear All,


Market expected to open positive today due to the supports of the Global markets. Nifty has started to raise little by little since last 3 days. Hope one of the majour support of Nifty(Fut) 4554 has been achieved and where by it was not able to withstand the selling pressure from there, thats why we have started to witness some recovery from there. Support continues to be at these levels 4597/4545/4512. As said yesterday Nifty(Fut) breaked 4893 & 4973 levels, one of the majour resistance 4954 level showed a gud sterngth. Sustainity of Nifty(Fut) above 4930/4973 may take market to 5023/5054 once again. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +73, NASDAQ +18, HANGSEHG +349, NIKKE1 +19, SHANGHAI +71,
STRAITS +50, KOSPI +4, DAX +23, FTSE +20, CAC40 -2.

Todays Nifty(Fut) trading levels:

Base: 5031
Res: 5025/5048/5064/5081
Mid Res: 5028/5036/5056/5073
Supp: 5008/5015/4998/4982
Mid Supp: 5020/5012/5006/4990

Todays Bank Nifty trading levels:

Base: 9220
Res: 9229/9305/9390/9475
Mid Res: 9224/9267/9348/9443
Supp: 9144/9135/9050/8965
Mid Supp: 9182/9139/9093/9008

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 13/11/2009

Dear All,

Market expected to open negative today due to the supports of the Global markets. Nifty has started to raise little by little since last 3 days. Hope one of the majour support of Nifty(Fut) 4554 has been achieved and where by it was not able to withstand the selling pressure from there, thats why we have started to witness some recovery from there. Support continues to be at these levels 4597/4545/4512. As said yesterday Nifty(Fut) breaked 4893 & 4973 levels, one of the majour resistance 4954 level showed a gud strength. Sustainity of Nifty(Fut) above 4930/4973 may take market to 5023/5054 once again. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW -93, NASDAQ -17, HANGSEHG +51, NIKKE1 -33, SHANGHAI -31,
STRAITS -14, KOSPI -2, DAX -4, FTSE +9, CAC40 -6.

Todays Nifty(Fut) trading levels:

Base: 4957
Res: 4967/4981/5005/5029
Mid Res: 4962/4974/4993/5017
Supp: 4943/4932/4908/4884
Mid Supp: 4950/4938/4920/4896

Todays Bank Nifty trading levels:

Base: 9092
Res: 9133/9183/9274/9365
Mid Res: 9113/9158/9229/9320
Supp: 9042/9001/8910/8819
Mid Supp: 9067/9022/8956/8865

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 12/11/2009

Dear All,

Market expected to open flat today due to the supports of the Global markets. Nifty has started to raise little by little since last 3 days. Hope one of the majour support of Nifty(Fut) 4554 has been achieved and where by it was not able to withstand the selling pressure from there, thats why we have started to witness some recovery from there. Support continues to be at these levels 4597/4545/4512. As said yesterday Nifty(Fut) breaked 4893 & 4973 levels, one of the majour resistance 4954 level showed a gud sterngth. Sustainity of Nifty(Fut) above 4930/4973 may take market to 5023/5054 once again. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +44, NASDAQ +15, HANGSEHG -40, NIKKE1 +0.56, SHANGHAI +20,
STRAITS -5, KOSPI -0.21, DAX +55, FTSE +36, CAC40 +28.

Todays Nifty(Fut) trading levels:

Base: 5001
Res: 5013/5017/5033/5049
Mid Res: 5007/5015/5025/5041
Supp: 4997/4985/4969/4953
Mid Supp: 4999/4991/4977/4961

Todays Bank Nifty trading levels:

Base: 9309
Res: 9358/9379/9450/9520
Mid Res: 9333/9368/9414/9485
Supp: 9287/9238/9168/9097
Mid Supp: 9298/9263/9203/9132

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 11/11/2009

Dear All,
Market expected to open flat today due to the supports of the Global markets. Nifty has started to raise little by little since last 2 days. Hope one of the majour support of Nifty(Fut) 4554 has been achieved and where by it was not able to withstand the selling pressure from there, thats why we have started to witness some recovery from there.Support continues to be at these levels 4597/4545/4512. As said yesterday Nifty(Fut) breaked 4823 & 4897 levels, one of the majour support 4754 level also but dint withstand. Sustainity of Nifty(Fut) above 4873/4930 may take market to 4973/5054 once again. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +20, NASDAQ -3, HANGSEHG +163, NIKKE1 +27, SHANGHAI -20,
STRAITS +5, KOSPI -3, DAX -6, FTSE -4, CAC40 +0.1.

Todays Nifty(Fut) trading levels:

Base: 4880
Res: 4883/4891/4902/4913
Mid Res: 4881/4887/4897/4908
Supp: 4872/4869/4858/4847
Mid Supp: 4876/4870/4864/4853

Todays Bank Nifty trading levels:

Base: 9146
Res: 9166/9194/9242/9290
Mid Res: 9156/9180/9218/9266
Supp: 9118/9098/9050/9002
Mid Supp: 9132/9108/9074/9026

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 10/11/2009

Dear All,

Market expected to open positive today due to the supports of the Global markets. Nifty has started to raise little by little since last 2 days. Hope one of the majour support of Nifty(Fut) 4554 has been achieved and where by it was not able to withstand the selling pressure from there, thats why we have started to witness some recovery from there.Support continues to be at these levels 4597/4545/4512. As said yesterday Nifty(Fut) breaked 4823 & 4897 levels, one of the majour support 4754 level also but dint withstand. Sustainity of Nifty(Fut) above 4873/4930 may take market to 4973/5054 once again. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +203, NASDAQ +41, HANGSEHG +204, NIKKE1 +136, SHANGHAI +9,
STRAITS +20, KOSPI +11, DAX +131, FTSE +92, CAC40 +78.

Todays Nifty(Fut) trading levels:

Base: 4923
Res: 4927/4951/4978/5006
Mid Res: 4925/4939/4964/4992
Supp: 4899/4896/4868/4841
Mid Supp: 4911/4897/4882/4854

Todays Bank Nifty trading levels:

Base: 9173
Res: 9172/9220/9267/9314
Mid Res: 9173/9196/9244/9291
Supp: 9125/9126/9079/9032
Mid Supp: 9149/9126/9103/9056

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 09/11/09

Dear All,


Market expected to open positive today due to the supports of the Global markets. Nifty has started to raise little by little since last 2 days. Hope one of the majour support of Nifty(Fut) 4554 has been achieved and where by it was not able to withstand the selling pressure from there, thats why we have started to witness some recovery from there.Support continues to be at these levels 4597/4545/4512. As said yesterday Nifty(Fut) breaked 4773 & 4723 levels, one of the majour support 4612 level also but dint withstand. Sustainity of Nifty(Fut) above 4773/4823 may take market to 4973 once again. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Todays Nifty(Fut) trading levels:

Base: 4807
Res: 4810/4830/4853/4876
Mid Res: 4809/4820/4842/4865
Supp: 4787/4784/4761/4738
Mid Supp: 4797/4786/4773/4750

Todays Bank Nifty trading levels:

Base: 8736
Res: 8742/8785/8834/8883
Mid Res: 8739/8763/8809/8858
Supp: 8693/8687/8638/8589
Mid Supp: 8714/8690/8662/8613

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 06/11/2009

Dear All,

Market expected to open positive today due to the supports of the Global markets. Nifty has started to raise  little by little since last 2 days. Hope one of the majour support of Nifty(Fut) 4554 has been achieved and where by it was not able to withstand the selling pressure from there, thats why we have started to witness some recovery from there.Support continues to be at these levels 4597/4545/4512. As said yesterday Nifty(Fut) breaked 4773 & 4723 levels, one of the majour support 4612 level also but dint withstand. Sustainity of Nifty(Fut) above 4773/4823 may take market to 4973 once again. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +203, NASDAQ +49, HANGSEHG +422, NIKKE1 +110, SHANGHAI +19,
STRAITS +36, KOSPI +20, DAX +36, FTSE +17, CAC40 +38.

Todays Nifty(Fut) trading levels:

Base: 4802
Res: 4793/4815/4828/4841
Mid Res: 4797/4804/4822/4835
Supp: 4780/4789/4776/4763
Mid Supp: 4791/4784/4783/4770

Todays Bank Nifty trading levels:

Base: 8621
Res: 8627/8702/8783/8863
Mid Res: 8624/8664/8742/8823
Supp: 8546/8541/8460/8379
Mid Supp: 8584/8543/8500/8420

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 05/11/2009

Dear All,


Market expected to open negative today due to the supports of the Global markets. Nifty has started to fall little by little since a weeks time. Hope the dead line tgt of Nifty(Fut) 5153 has been achieved and thats why we have started to witness fall from there, because Nifty was not able to show the strength there. If this continues we may shortly meet 4597/4545/4512 levels. As said yesterday Nifty(Fut) breaked 4773 & 4723 levels, one of the majour support 4612 level also dint withstand. Sustainity of Nifty(Fut) above 4773/4823 may take market to 4973 once again. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +30, NASDAQ -1, HANGSEHG -135, NIKKE1 -123, SHANGHAI +2,
STRAITS -13, KOSPI -20, DAX +90, FTSE +70, CAC40 +86.

Todays Nifty(Fut) trading levels:

Base: 4688
Res: 4710/4715/4742/4769
Mid Res: 4699/4713/4729/4755
Supp: 4683/4661/4634/4608
Mid Supp: 4686/4672/4648/4621

Todays Bank Nifty trading levels:

Base: 8368
Res: 8321/8418/8467/8517
Mid Res: 8345/8369/8442/8492
Supp: 8272/8319/8269/8220
Mid Supp: 8320/8295/8294/8244

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 04/11/2009

Dear All,

Market expected to open positive today due to the supports of the Global markets. Nifty has started to fall little by little since a weeks time. Hope the dead line tgt of Nifty(Fut) 5153 has been achieved and thats why we have started to witness fall from there, because Nifty was not able to show the strength there. If this continues we may shortly meet 4597/4545/4512 levels. As said yesterday Nifty(Fut) breaked 4773 & 4723 levels, one of the majour support 4612 level also dint withstand. Sustainity of Nifty(Fut) above 4823 may take market to 4973 once again. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW -17, NASDAQ +8, HANGSEHG +157, NIKKE1 -6, SHANGHAI +4,
STRAITS +16, KOSPI +7, DAX -77, FTSE -67, CAC40 -55.

Todays Nifty(Fut) trading levels:

Base: 4587
Res: 4589/4619/4652/4684
Mid Res: 4588/4604/4619/4668
Supp: 4557/4554/4522/4489
Mid Supp: 4572/4556/4538/4506

Todays Bank Nifty trading levels:

Base: 8297
Res: 8292/8360/8424/8488
Mid Res: 8295/8326/8392/8456
Supp: 8229/8233/8169/8105
Mid Supp: 8263/8231/8201/8137

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 03/11/2009

Dear All,

Market expected to open negative today due to the supports of the Global markets. Nifty has started to fall little by little since a weeks time. Hope the dead line tgt of Nifty(Fut) 5153 has been achieved and thats why we have started to witness fall from there, because Nifty was not able to show the strength there. If this continues we may shortly meet 4723/4670/4612 levels. As said yesterday Nifty(Fut) breaked 4773 & 4723 levels, one of the majour support 4723 level also dint withstand. Sustainity of Nifty(Fut) above 5073 may take market to 5123 once again. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +76, NASDAQ +4, HANGSEHG -147, NIKKE1 -231, SHANGHAI +40,
STRAITS -1, KOSPI -5, DAX +15, FTSE +60, CAC40 +31.

Todays Nifty(Fut) trading levels:

Base: 4685
Res: 4716/4725/4764/4804
Mid Res: 4700/4720/4744/4784
Supp: 4676/4645/4605/4566
Mid Supp: 4681/4661/4625/4586

Todays Bank Nifty trading levels:

Base: 8380
Res: 8427/8435/8490/8545
Mid Res: 8403/8431/8462/8517
Supp: 8372/8325/8270/8215
Mid Supp: 8376/8348/8297/8242

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 30/10/2009

Dear All,

Market expected to open positive today due to the supports of the Global markets. Nifty has started to fall little by little since a weeks time. Hope the dead line tgt of Nifty(Fut) 5153 has been achieved and thats why we have started to witness fall from there, because Nifty was not able to show the strength there. If this continues we may shortly meet 4823/4773/4723 levels. As said yesterday Nifty(Fut) breaked 4773 & 4856 levels, one of the majour support 4756 level also dint withstand. Sustainity of Nifty(Fut) above 5073 may take market to 5123 once again. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +199, NASDAQ +38, HANGSEHG +653, NIKKE1 +134, SHANGHAI +63,
STRAITS +39, KOSPI +8, DAX +91, FTSE +57, CAC40 +50.

Todays Nifty(Fut) trading levels:

Base: 4815
Res: 4808/4842/4870/4898
Mid Res: 4811/4825/4856/4884
Supp: 4781/4787/4759/4731
Mid Supp: 4798/4784/4773/4745

Todays Bank Nifty trading levels:

Base: 8526
Res: 8547/8671/8816/8961
Mid Res: 8537/8609/8743/8888
Supp: 8402/8381/8236/8091
Mid Supp: 8464/8392/8309/8091

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 29/10/2009

Dear All,


Market expected to open negative and move down slowly today due to the supports of the Global markets. Nifty has started to fall little by little since a weeks time. Hope the dead line tgt of Nifty(Fut) 5153 has been achieved and thats why we have started to witness fall from there, because Nifty was not able to show the strength there. If this continues we may shortly meet 4823/4773/4723 levels. As said yesterday Nifty(Fut) breaked 4854 & 44823 levels, one of the majour support 4854 level also dint withstand. Sustainity of Nifty(Fut) above 5073 may take market to 5123 once again. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW -119, NASDAQ -56, HANGSEHG -525, NIKKE1 -193, SHANGHAI -63,
STRAITS -28, KOSPI -34, DAX -138, FTSE -120, CAC40 -80.

Todays Nifty(Fut) trading levels:

Base: 4786
Res: 4816/4807/4828/4848
Mid Res: 4801/4812/4817/4838
Supp: 4796/4765/4745/4724
Mid Supp: 4791/4781/4755/4724

Todays Bank Nifty trading levels:

Base: 8496
Res: 8572/8525/8554/8583
Mid Res: 8534/8549/8540/8569
Supp: 8543/8467/8438/8410
Mid Supp: 8520/8505/8453/8410

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 28/10/2009

Dear All,

Market expected to open negative and move down slowly today due to the supports of the Global markets. Nifty has started to fall little by little since a weeks time. Hope the dead line tgt of Nifty(Fut) 5153 has been achieved and thats why we have started to witness fall from there, because Nifty was not able to show the strength there. If this continues we may shortly meet 4854/4823/4773 levels. As said yesterday Nifty(Fut) breaked 4974 & 4923 levels, one of the majour support 4854 level also dint withstand. Sustainity of Nifty(Fut) above 5073 may take market to 5123 once again. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +14, NASDAQ -25, HANGSEHG -333, NIKKE1 -121, SHANGHAI -32, STRAITS -22,
KOSPI -37, DAX -7, FTSE +9, CAC40 -0.5.

Todays Nifty(Fut) trading levels:

Base: 4830
Res: 4845/4842/4853/4864
Mid Res: 4838/4843/4847/4858
Supp: 4834/4819/4808/4797
Mid Supp: 4832/4827/4814/4803

Todays Bank Nifty trading levels:

Base: 8681
Res: 8742/8760/8839/8918
Mid Res: 8711/8751/8799/8878
Supp: 8663/8602/8523/8444
Mid Supp: 8672/8632/8562/8483

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 27/10/2009

Dear All,

Market expected to open negative due to the supports of the Global markets. One of the majour support 4973 has been hit yesterday, where by both Nifty spot & Fut has breaked these levels. We may further see fall on Nifty(Fut) if it breaks 4923 levels. If this continues in nifty for next 3 days we may see 4600 shortly. Mid cap stocks have started to fall gradually. Hope my Blog followers are safe by booking ur positions by my indicates, one chanse of recovery for market may be seen if Nifty(fut) crosses 5123 and sustains. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW -104, NASDAQ -12, HANGSEHG -323, NIKKE1 -138, SHANGHAI -55,
STRAITS -10,KOSPI -98, DAX -22, FTSE -50, CAC40 -63.

Todays Nifty(Fut) trading levels:

Base: 4958
Res: 4980/4982/5006/5030
Mid Res: 4969/4981/4994/5018
Supp: 4956/4934/4910/4886
Mid Supp: 4957/4945/4922/4898

Todays Bank Nifty trading levels:

Base: 9015
Res: 9054/9053/9090/9128
Mid Res: 9035/9053/9072/9109
Supp: 9016/8978/8940/8903
Mid Supp: 9016/8997/8959/8922

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 26/10/2009

Dear All,

Market expected to open positive and fall slowly due to the supports of the Global markets. Nifty has started to fall little by little from yesterday. Hope the dead line tgt of Nifty(Fut) 5153 has been achieved and thats why we have started to witness fall from there, because Nifty was not able to show the strength there. If this continues we may shortly meet 4997 & 4923 levels first. Resultl of the election has given a majourtiy to Congress, this shall be a possitive indicate to market which may pull up market today, sustainity of Nifty(Fut) above 5073 may take market to 5123 once again. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW -109, NASDAQ -10, HANGSEHG +387, NIKKE1 +54, SHANGHAI +1,
STRAITS +2,KOSPI +17, DAX -22, FTSE +35, CAC40 -12.

Todays Nifty(Fut) trading levels:

Base: 5004
Res: 5019/5031/5059/5087
Mid Res: 5012/5025/5045/5073
Supp: 4992/4976/4948/4920
Mid Supp: 4998/4984/4962/4934

Todays Bank Nifty trading levels:

Base: 9200
Res: 9229/9254/9309/9363
Mid Res: 9214/9242/9281/9336
Supp: 9175/9145/9091/9036
Mid Supp: 9187/9160/9118/9063

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 23/10/2009

Dear All,

Market expected to open positive and move up slowly today due to the supports of the Global markets. Nifty has started to fall little by little from yesterday. Hope the dead line tgt of Nifty(Fut) 5153 has been achieved and thats why we have started to witness fall from there, because Nifty was not able to show the strength there. If this continues we may shortly meet 4997 & 4923 levels first. Resultl of the election has given a majourtiy to Congress, this shall be a possitive indicate to market which may pull up market today, sustainity of Nifty(Fut) above 5073 may take market to 5123 once again. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +131, NASDAQ +14, HANGSEHG +351, NIKKE1 +89, SHANGHAI +56, STRAITS +36,
KOSPI +12, DAX -70, FTSE -50, CAC40 -52.

Todays Nifty(Fut) trading levels:

Base: 5026
Res: 5016/5036/5045/5054
Mid Res: 5021/5026/5040/5049
Supp: 5007/5017/5008/4999
Mid Supp: 5017/5012/5013/5003

Todays Bank Nifty trading levels:

Base: 9177
Res: 9174/9237/9297/9357
Mid Res: 9176/9206/9267/9327
Supp: 9114/9117/9057/8997
Mid Supp: 9146/9116/9087/9027

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 22/10/2009

Dear All,

Market expected to open negative and fall slowly today due to the supports of the Global markets. Nifty has started to fall little by little from yesterday. Hope the dead line tgt of Nifty(Fut) 5153 has been achieved and thats why we have started to witness fall from there, because Nifty was not able to show the strength there. If this continues we may shortly meet 4997 & 4923 levels first. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:
DOW -92, NASDAQ -12, HANGSEHG -217, NIKKE1 -151, SHANGHAI -1, STRAITS -6
KOSPI -22, DAX +21, FTSE +14, CAC40 +1.77.

Todays Nifty(Fut) trading levels:

Base: 5054
Res: 5069/5078/5082/5096
Mid Res: 5061/5068/5075/5089
Supp: 5055/5040/5026/5012
Mid Supp: 5054/5047/5033/5019

Todays Bank Nifty trading levels:

Base: 9251
Res: 9289/9292/9333/9374
Mid Res: 9270/9291/9313/9354
Supp: 9248/9210/9169/9128
Mid Supp: 9250/9229/9190/9149

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoneix as on 21/10/2009

Dear All,


Market expected to open negative and fall slowly today due to the supports of the Global markets. Nifty has started to fall little by little from yesterday. Hope the dead line tgt of Nifty(Fut) 5153 has been achieved and thats why we have started to witness fall from there, because Nifty was not able to show the strength there. If this continues we may shortly meet 4997 & 4923 levels first. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW -50, NASDAQ -12, HANGSEHG -80, NIKKE1 -25, SHANGHAI -5, STRAITS -13, KOSPI -10, DAX -40, FTSE -38, CAC40 -20.

Todays Nifty(Fut) trading levels:

Base: 5103
Res: 5110/5115/5128/5141
Mid Res: 5106/5113/5122/5134
Supp: 5097/5090/5077/5065
Mid Supp: 5100/5094/5084/5071

Todays Bank Nifty trading levels:

Base: 9434
Res: 9457/9467/9500/9533
Mid Res: 9446/9462/9483/9516
Supp: 9424/9401/9368/9335
Mid Supp: 9429/9413/9384/9351

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 20/10/2009

Dear All,
Market expected to open flat & fall slowly today due to the supports of the Global markets. Nifty shows a gud strength at these levels such as 5112/5153, i hope to have a positive ralley till 5189/5237 levels. Clients may start booking ur positions here. Nifty expected to touch 5300 on or before Diwali, I hope nifty may fall till 4600/4400 levels after that. If there is no fall witnessed after Nifty(Fut) reaching 5450 levels. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +96, NASDAQ +19, HANGSEHG +135, NIKKE1 +74, SHANGHAI +28, STRAITS +3, KOSPI +4, DAX +109, FTSE +91, CAC40 +64.

Todays Nifty(Fut) trading levels:

Base: 5145
Res: 5145/5165/5186/5206
Mid Res: 5145/5155/5176/5196
Supp: 5125/5123/5104/5084
Mid Supp: 5135/5124/5114/5094

Todays Bank Nifty trading levels:

Base: 9507
Res: 9512/9541/9576/9610
Mid Res: 9509/9527/9558/9593
Supp: 9477/9473/9438/9404
Mid Supp: 9492/9475/9455/9421

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 17/10/2009

Dear All,

Market expected to open flat & fall slowly today due to the supports of the Global markets. Nifty shows a gud strength at these levels such as 5112/5153, i hope to have a positive ralley till 5189/5237 levels. Clients may start booking ur positions here. Nifty expected to touch 5300 on or before Diwali, I hope nifty may fall till 4600/4400 levels after that. If there is no fall witnessed after Nifty(Fut) reaching 5450 levels. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW -67, NASDAQ -16, HANGSEHG -69, NIKKE1 +18, SHANGHAI -3, STRAITS -4, KOSPI -18, DAX -87, FTSE -32, CAC40 -56.

Todays Nifty(Fut) trading levels:

Base: 5146
Res: 5162/5181/5216/5251
Mid Res: 5154/5171/5198/5233
Supp: 5127/5111/5076/5041
Mid Supp: 5136/5119/5093/5058

Todays Bank Nifty trading levels:

Base: 9547
Res: 9583/9634/9721/9808
Mid Res: 9565/9608/9678/9765
Supp: 9496/9460/9373/9286
Mid Supp: 9521/9478/9417/9330

NOTE: (Wishing u all & ur Family members a Happy Diwali, May this Diwali bring u & ur family lots of fun & happines. May the lights fill ur hearts with lots of colours.)

Dear Customer, Heartiest greetings on the festive occasion of Deepawali !! We would like to inform you that exchanges are conducting a special Muhurat trading session on Deepawali day i.e., October 17, 2009.

The market timings for Muhurat Trading session (CM/F&O) shall be as follows:

Market Open : 06:15 P.M.
Market close : 07:15 P.M.
Closing Session start : 07:35 P.M.
Closing Session end : 07:45 P.M.

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 16/10/2009

Dear All,

Market expected to open flat today due to the supports of the Global markets. Nifty shows a gud strength at these levels such as 5112/5153, i hope to have a positive ralley till 5189/5237 levels. Clients may start booking ur positions here. Nifty expected to touch 5300 on or before Diwali, I hope nifty may fall till 4600/4400 levels after that. If there is no fall witnessed after Nifty(Fut) reaching 5450 levels. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +47, NASDAQ +1, HANGSEHG -26, NIKKE1 +12, SHANGHAI -15, STRAITS -7, KOSPI -5, DAX -23, FTSE -33, CAC40 +1.

Todays Nifty(Fut) trading levels:

Base: 5109
Res: 5115/5121/5134/5147
Mid Res: 5112/5118/5134/5147
Supp: 5103/5096/5083/5070
Mid Supp: 5106/5099/5090/5077

Todays Bank Nifty trading levels:

Base: 9279
Res: 9303/9324/9369/9414
Mid Res: 9291/9313/9346/9391
Supp: 9258/9234/9189/9144
Mid Supp: 9268/9246/9211/9166

NOTE: (Wishing u all a advance Happy Diwali wishes, May this Diwali bring u & ur family lots of fun & happines. May the lights fill ur hearts with lots of colours.)
Dear Customer, Heartiest greetings on the festive occasion of Deepawali !! We would like to inform you that exchanges are conducting a special Muhurat trading session on Deepawali day i.e., October 17, 2009.
The market timings for Muhurat Trading session (CM/F&O) shall be as follows:

              Market Open : 06:15 P.M.
              Market close : 07:15 P.M.
             Closing Session start : 07:35 P.M.
             Closing Session end : 07:45 P.M.

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 15/10/2009

Dear All,

Market expected to open positive today due to the supports of the Global markets. Nifty shows a gud strength at these levels such as 5112/5153, i hope to have a positive ralley till 5189/5237 levels. Clients may start booking ur positions here. Nifty expected to touch 5300 on or before Diwali, I hope nifty may fall till 4600/4400 levels after that. If there is no fall witnessed after Nifty(Fut) reaching 5450 levels. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +144, NASDAQ +32, HANGSEHG +242, NIKKE1 +177, SHANGHAI +7, STRAITS +17, KOSPI +7, DAX +139, FTSE +101, CAC40 +81.

Todays Nifty(Fut) trading levels:

Base: 5138
Res: 5151/5157/5176/5196
Mid Res: 5144/5154/5167/5186
Supp: 5131/5118/5099/5080
Mid Supp: 5135/5125/5109/5090

Todays Bank Nifty trading levels:

Base: 9183
Res: 9181/9223/9263/9303
Mid Res: 9182/9202/9243/9283
Supp: 9141/9143/9103/9063
Mid Supp: 9162/9142/9123/9083

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 14/10/2009

Dear All,

Market expected to open positive today due to the supports of the Global markets. Nifty shows a gud strength at these levels such as 5023/5053, i hope to have a positive ralley till 5073/5099/5153 levels. We may sure witness a fall shortly after nifty(Fut) touching these levels. Clients may start booking ur positions here. I hope nifty may fall till 4600/4400 levels. If there is no fall witnessed after Nifty(Fut) reaching 5153 levels we may expect nifty to travell till 5300 levels.Today market may trade on a fishy trend but hope it falls gradually by the closing of market hours. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW -14, NASDAQ +O.75, HANGSEHG +310, NIKKE1 -4, SHANGHAI +62, STRAITS +5, KOSPI +20, DAX -66, FTSE -56, CAC40 -44.

Todays Nifty(Fut) trading levels:

Base: 5084
Res: 5081/5103/5122/5141
Mid Res: 5082/5092/5112/5131
Supp: 5062/5065/5046/5027
Mid Supp: 5073/5063/5055/5036

Todays Bank Nifty trading levels:

Base: 9021
Res: 9033/9086/9151/9216
Mid Res: 9027/9059/9119/9184
Supp: 8968/8956/8891/8826
Mid Supp: 8994/8962/8924/8859

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 12/10/2009

Dear All,

Market expected to open positive today due to the supports of the Global markets. Nifty shows a gud strength at these levels such as 5023/5053, i hope to have a positive ralley till 5073/5099/5153 levels. We may sure witness a fall shortly after nifty(Fut) touching these levels. Clients may start booking ur positions here. I hope nifty may fall till 4600/4400 levels. If there is no fall witnessed after Nifty(Fut) reaching 5153 levels we may expect nifty to travell till 5300 levels.Today market may trade on a fishy trend but hope it falls gradually by the closing of market hours. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +78, NASDAQ +15, HANGSEHG -20, NIKKE1 +183, SHANGHAI +7, STRAITS +17, KOSPI -9, DAX -4, FTSE +7, CAC40 -7.

Todays Nifty(Fut) trading levels:

Base: 4970
Res: 5003/5073/5106/5153
Mid Res: 4998/5047/5086/5123
Supp: 4901/4867/4798/4723
Mid Supp: 4934/4872/4823/4754

Todays Bank Nifty trading levels:

Base: 8723
Res: 8746/8800/8823/8876
Mid Res: 8730/8776/8812/8854
Supp: 8669/8646/8592/8512
Mid Supp: 8697/8555/8576/8523

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......

Profit with Phoenix as on 09/10/2009

Dear All,

Market expected to open positive today due to the supports of the Global markets. Nifty shows a gud strength at these levels such as 5023/5053, i hope to have a positive ralley till 5073/5099/5153 levels. We may sure witness a fall shortly after nifty(Fut) touching these levels. Clients may start booking ur positions here. I hope nifty may fall till 4600/4400 levels. If there is no fall witnessed after Nifty(Fut) reaching 5153 levels we may expect nifty to travell till 5300 levels.Today market may trade on a fishy trend but hope it falls gradually by the closing of market hours. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +61, NASDAQ +13, HANGSEHG -12, NIKKE1 +91, SHANGHAI +106, STRAITS +0.84, KOSPI +26, DAX +75, FTSE +45, CAC40 +50.

Todays Nifty(Fut) trading levels:

Base: 5011
Res: 5017/5033/5054/5075
Mid Res: 5014/5025/5043/5064
Supp: 4996/4990/4969/4948
Mid Supp: 5003/4993/4979/4958

Todays Bank Nifty trading levels:

Base: 8853
Res: 8876/8907/8962/9016
Mid Res: 8864/8892/8935/8989
Supp: 8821/8798/8744/8689
Mid Supp: 8837/8810/8771/8717

NCDEX to extend evening trading session from Nov 2

MUMBAI (Reuters) - National Commodity and Derivatives Exchange said on Thursday it will extend the evening trading session by 25 minutes to 11:55 p.m between Nov. 2, 2009 and March 13, 2010.

Metal and energy futures, which are traded between 10 a.m and 11:30 p.m on Monday to Friday, will now be traded till 11:55 p.m, it said in a statement on its website (http://www.ncdex.com/).

There is no change in timing of Agri-commodities trade, held between 10 a.m and 5 p.m during Monday to Friday.

The bourse said Saturday's trading, between 10 a.m and 2 p.m, remains unchanged.
The bourse said the extension in trading hours is due to international daylight saving timings.

Tata Steel first half sales surges 21%
Tata Steel (TATASTL.BO : 535.1 0) has registered a 21% rise in its sales at 28.75 lakh tonne in the first half of the current fiscal on the back of robust demand from the construction sector. In the corresponding period last year, the steel major's sales stood at 23.80 lakh tonne. Its sales rose by 19% to 14.56 lakh tonne in the second quarter this fiscal, compared to 12.20 lakh tonne in the corresponding period last fiscal.

"Tata Steel has completed the second quarter and first half of FY'10 on a buoyant note with a considerable increase in its production and sales volume as compared to the corresponding period last year," the company said in a statement on Wednesday.

Its production of long-rolled steel products, primarily used by the construction sector, surged by 49 % in the first half of the fiscal compared to the same period last fiscal. During the second quarter of the fiscal, the company saw its crude steel output rising by 21% to 16.40 lakh tonne as compared to the 13.56 lakh tonne in the same period last fiscal.

In the first half of the fiscal, the company reported 21% increase in crude steel production to 31.43 lakh tonne compared to 26.08 lakh tonne in the same period in the previous fiscal. Its saleable steel production increased by 14% to 15.19 lakh tonne during the second quarter as against 13.30 lakh tonne in the corresponding period previous fiscal. The company's hot metal production too went up to 17.95 lakh tonne during the period as compared to 14.86 lakh tonne in the previous fiscal - a growth rate of 21%.

Speaking about major highlights during the first half of the current fiscal, the company said, "In line with Tata Steel's expansion plans, the capacity enhancement of 'C' blast furnace from 0.4 mtpa to 0.7 mtpa was commissioned in September, 2009."

RIL refutes RNRL's claim on gas sale pact

Reliance Industries Ltd (RELIANCE.NS : 2119.65 0) has strongly refuted allegations by Reliance Natural Resources that the Mukesh Ambani-controlled firm is motivated by commercial greed and was attempting to back out of the gas supply obligation to the Anil Ambani-led company.

RIL, in a special leave petition with the Supreme Court, notes, "In all sincerity put in place the gas sale master agreement (GSMA)/ gas sale purchase agreement (GSPA), which contained the $2.34 per million British thermal unit (mmBtu) price, and created the obligation to supply gas on the terms stated therein, which were approved by the board of directors of RIL as being suitable, fair and equitable to RIL, the resulting company and the shareholders." The price of $2.34 per mmBtu was submitted to the government for approval in 2006.

RIL said the gas agreements do not impose any obligation upon RNRL (RNRL.NS : 84.2 0). The pacts obligate RIL to supply gas if its terms are complied with, but it does not oblige RNRL to take any gas. The agreements are in the nature of an option which may be exercised by RNRL as it deems fit.Thus, it cannot be argued that the GSMA/GSPA has been "thrust" on RNRL. Further, RIL argued that given the fact that the parties had been negotiating for more than seven months, RNRL's contention that the Anil Dhirubhai Ambani Group (ADAG) was not given adequate time to review the GSMA and the GSPA is false and baseless. Commenting on one of RNRL's charges that ADAG was not given adequate time to review the GSMA and the GSPA is false and baseless, the RIL petition states, "Though the MoU stipulated that a binding gas supply agreement would be finalised not later 45 days, ADAG dragged on discussions on the GSPA for over seven months."

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......