Profit with Phoenix as on 13/11/2009

Dear All,

Market expected to open negative today due to the supports of the Global markets. Nifty has started to raise little by little since last 3 days. Hope one of the majour support of Nifty(Fut) 4554 has been achieved and where by it was not able to withstand the selling pressure from there, thats why we have started to witness some recovery from there. Support continues to be at these levels 4597/4545/4512. As said yesterday Nifty(Fut) breaked 4893 & 4973 levels, one of the majour resistance 4954 level showed a gud strength. Sustainity of Nifty(Fut) above 4930/4973 may take market to 5023/5054 once again. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW -93, NASDAQ -17, HANGSEHG +51, NIKKE1 -33, SHANGHAI -31,
STRAITS -14, KOSPI -2, DAX -4, FTSE +9, CAC40 -6.

Todays Nifty(Fut) trading levels:

Base: 4957
Res: 4967/4981/5005/5029
Mid Res: 4962/4974/4993/5017
Supp: 4943/4932/4908/4884
Mid Supp: 4950/4938/4920/4896

Todays Bank Nifty trading levels:

Base: 9092
Res: 9133/9183/9274/9365
Mid Res: 9113/9158/9229/9320
Supp: 9042/9001/8910/8819
Mid Supp: 9067/9022/8956/8865

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.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......