Profit with Phoenix as on 15/12/2009

Dear All,

Market expected to open flat to positive today due to the supports of the Global market indicates. Hope one of the majour supports of Nifty(Fut) 4554 still remains the same, Support continues to be at these levels 4597/4545/4512. One of the majour resistance 5045/5073 level which was showing low strength now may take Nifty(Fut) again to 4873 levels shortely. Close of Nifty(Fut) above 5146/5172 may take Nifty(Fut) again back to long trend. Market expected to trade volatile. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +29, NASDAQ +21, HANGSEHG -153, KOSPI -1, NIKKE1 -9,
SHANGHAI -4, STRAITS +5, DAX +46, FTSE +53, CAC40 +26.

Todays Nifty(Fut) trading levels:

Base: 5112
Res: 5116/5128/5143/5158
Mid Res: 5114/5122/5135/5150
Supp: 5101/5097/5082/5067
Mid Supp: 5107/5099/5090/5074

Todays Bank Nifty trading levels:

Base: 9021
Res: 9033/9061/9101/9141
Mid Res: 9027/9047/9081/9121
Supp: 8993/8981/8941/8901
Mid Supp: 9007/8987/8961/8921

Ur valuable comments & suggestions are welcomed. Interested clients may call 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......