Profit with Phoenix as on 04/09/2009

Dear All,

I am Happy to announce you shall receive levels of bank Nifty from today regularly.

As said yesterday market expected to open positive today. We may have a positive rally if Nifty(Fut) is goint to be strong above 4657 levels. We may have a rally upto 4673/4699 levels if nifty is good.Indicated of Global markets are looking good, this may lead to positive run way for Nifty. Nifty(Fut) may be week if it breaks 4573 levels, we may see 4523/4512 levels. Lets wait & watch the game of Nifty today.

Global Market Indicates:


DOW +63, NASDAQ +16, HANGSEHG +82, NIKKE1 -43, SHANGHAI -12, STRAITS -6, KOSPI -4, DAX - 18, FTSE -2.15, CAC40 -20.

Todays Nifty(Fut) trading levels:

Base: 4602
Res: 4607/4628/4654/4680
Mid Res: 4605/4619/4641/4667
Supp: 4581/4576/4550/4524
Mid Supp: 4592/4579/4563/4537

Todays Bank Nifty trading levels:

Base: 7376
Res: 7381/7405/7434/7462
Mid Res: 7379/7393/7419/7448
Supp: 7352/7347/7318/7290
Mid Supp: 7352/7350/7333/7290


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.......