Profit with Phoneix as on 21/10/2009

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 -50, NASDAQ -12, HANGSEHG -80, NIKKE1 -25, SHANGHAI -5, STRAITS -13, KOSPI -10, DAX -40, FTSE -38, CAC40 -20.

Todays Nifty(Fut) trading levels:

Base: 5103
Res: 5110/5115/5128/5141
Mid Res: 5106/5113/5122/5134
Supp: 5097/5090/5077/5065
Mid Supp: 5100/5094/5084/5071

Todays Bank Nifty trading levels:

Base: 9434
Res: 9457/9467/9500/9533
Mid Res: 9446/9462/9483/9516
Supp: 9424/9401/9368/9335
Mid Supp: 9429/9413/9384/9351

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.......