Profit with Phoenix as on 09/09/2009

Dear All,

   Market expected to open flat due to the supports of the Global markets. As per yesterdays blog, if Nifty(Fut) sustains above 4823 levels and moves up till 4853 levels positive markey may be expected for a run way on Nifty(Fut) till 4897 levels. If not Nifty(Fut) may witness a fall till 4785/4712/4657 levels. Lets wait to watch the game on Nifty.

Global Market Indicates:

 DOW +56, NASDAQ +18, HANGSEHG -190, NIKKE1 -87, SHANGHAI -9, STRAITS -15,
 KOSPI -11, DAX +18, FTSE +14, CAC40 +8.

Todays Nifty(Fut) trading levels:
 
Base: 4796
Res: 4812/4817/4837/4858
Mid Res: 4804/4814/4827/4847
Supp: 4792/4775/4755/4734
Mid Supp: 4794/4784/4765/4745

Todays Bank Nifty trading levels:

Base: 7717
Res: 7752/7762/7807/7852
Mid Res: 7734/7757/7784/7829
Supp: 7707/7672/7627/7582
Mid Supp: 7712/7689/7649/7604

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.......