Profit with Phoenix as on 05/10/2009

Dear All,

Market expected to open negative today due to the supports of the Global markets. Nifty shows a gud strength at these levels such as 5012/5073, i hope to have a positive ralley till 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. 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 -21, NASDAQ -9, HANGSEHG +8, NIKKE1 -23, SHANGHAI +24,
STRAITS -17, KOSPI -27, DAX -86, FTSE -59, CAC40 -70.

Todays Nifty(Fut) trading levels:

Base: 5027
Res: 5060/5051/5075/5099
Mid Res: 5044/5056/5063/5087
Supp: 5036/5004/4980/4956
Mid Supp: 5032/5020/4992/4968

Todays Bank Nifty trading levels:

Base: 8735
Res: 8750/8780/8825/8870
Mid Res: 8742/8765/8802/8847
Supp: 8705/8690/8645/8600
Mid Supp: 8720/8697/8667/8622

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.......