Profit with Phoenix as on 22/10/2009

Dear All,

Market expected to open negative and fall slowly today due to the supports of the Global markets. Nifty has started to fall little by little from yesterday. Hope the dead line tgt of Nifty(Fut) 5153 has been achieved and thats why we have started to witness fall from there, because Nifty was not able to show the strength there. If this continues we may shortly meet 4997 & 4923 levels first. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:
DOW -92, NASDAQ -12, HANGSEHG -217, NIKKE1 -151, SHANGHAI -1, STRAITS -6
KOSPI -22, DAX +21, FTSE +14, CAC40 +1.77.

Todays Nifty(Fut) trading levels:

Base: 5054
Res: 5069/5078/5082/5096
Mid Res: 5061/5068/5075/5089
Supp: 5055/5040/5026/5012
Mid Supp: 5054/5047/5033/5019

Todays Bank Nifty trading levels:

Base: 9251
Res: 9289/9292/9333/9374
Mid Res: 9270/9291/9313/9354
Supp: 9248/9210/9169/9128
Mid Supp: 9250/9229/9190/9149

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.......