Tuesday, September 1, 2009

Profit with Phoenix as on 02/09/2009

Dear All,

    As mentioned earlier Market expected to open negative today. Nifty(Fut) shall be week below 4573, we may see 4512 levels shortely. If it breaks 4512 we may have a steep fall @ later houes of market today. The supports of Global market is also week today. Market may have a positive rally only if it breakes 4657/4673 levels with gud support in volume.

DOW -185, NASDAQ -40, HANGSEHG -338, NIKKE1 -293, SHANGHAI +14, STRAITS -25, KOSPI -11, DAX - 137, FTSE -89, CAC40 -70.

Todays Nifty(Fut) trading levels:

Base: 4605
Res: 4640/4657/4709/4761
Mid Res: 4623/4649/4683/4735
Supp: 4588/4553/4502/4450
Mid Supp: 4597/4571/4528/4476

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.

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Have a Happy Trade.......

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