Profit with Phoenix as on 20/10/2009

Dear All,
Market expected to open flat & fall slowly today due to the supports of the Global markets. Nifty shows a gud strength at these levels such as 5112/5153, i hope to have a positive ralley till 5189/5237 levels. Clients may start booking ur positions here. Nifty expected to touch 5300 on or before Diwali, I hope nifty may fall till 4600/4400 levels after that. If there is no fall witnessed after Nifty(Fut) reaching 5450 levels. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +96, NASDAQ +19, HANGSEHG +135, NIKKE1 +74, SHANGHAI +28, STRAITS +3, KOSPI +4, DAX +109, FTSE +91, CAC40 +64.

Todays Nifty(Fut) trading levels:

Base: 5145
Res: 5145/5165/5186/5206
Mid Res: 5145/5155/5176/5196
Supp: 5125/5123/5104/5084
Mid Supp: 5135/5124/5114/5094

Todays Bank Nifty trading levels:

Base: 9507
Res: 9512/9541/9576/9610
Mid Res: 9509/9527/9558/9593
Supp: 9477/9473/9438/9404
Mid Supp: 9492/9475/9455/9421

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.......