Profit with Phoenix as on 01/10/2009

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 5053/5079, i hope to have a positive ralley till 5099/5153 levels. We may sure witness a fall shortly after nifty(Fut) crossing these crutial levels. Clients may start booking ur positions here. I hope nifty may fall till 4600/4400 levels. Lets wait to watch the game on Nifty.

Note: This level where Nifty sustains @ 4897 & Sensex @ 16400 are more crutial, we may sure see a fall from these levels which may be termed as Profit booking levels. I may insist my blog followers to start booking up profits @ these levels on a safe side. Long position traders on Nifty and Stocks may keep 4773 as ur SL.

Global Market Indicates:

DOW -29, NASDAQ -1, HANGSEHG -57, NIKKE1 -155, SHANGHAI +24,
STRAITS -15, KOSPI -28, DAX -38, FTSE -25, CAC40 -18.

Todays Nifty(Fut) trading levels:

Base: 5072
Res: 5083/5094/5115/5136
Mid Res: 5078/5088/5104/5125
Supp: 5062/5051/5030/5009
Mid Supp: 5067/5057/5041/5020

Todays Bank Nifty trading levels:

Base: 8776
Res: 8801/8840/8905/8969
Mid Res: 8788/8821/8872/8937
Supp: 8737/8711/8647/8582
Mid Supp: 8756/8724/8679/8614

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.......