Profit with Phoenix as on 03/03/2010

Dear All,
Market expected to open positive today due to the supports of the Global market indicates. Nifty(Fut) shall be strong above 4806/4854 levels. Close of Nifty(Fut) above 4923/5054 may take Nifty(Fut) again back to long trend and mark levels at 5123/5147 levels, this may further take Nifty till 5273/5323/5347 levels. One of the majour resistance level 4873 has been broken yesterday, if Nifty(Fut) breaks 4823/4763 and closes for 2-3 trading secissions we may shortly see 4723/4640/4540 once again. Hope we have seen the above said levels till 4833.60 recently. Market expected to trade volatile. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +2, NASDAQ +7, HANGSEHG +9, KOSPI +3, NIKKE1 +6,
SHANGHAI +10, STRAITS -1, DAX +63, FTSE +78, CAC40 +42.

Todays Nifty(Fut) trading levels:

Base: 5045
Res: 5057/5062/5067/5082
Mid Res: 5051/5060/5065/5075
Supp: 5047/5042/5037/5023
Mid Supp: 5046/5045/5040/5030

Todays Bank Nifty trading levels:

Base: 8961
Res: 8986/8993/9000/9020
Mid Res: 8974/8989/8996/9010
Supp: 8972/8965/8958/8937
Mid Supp: 8967/8968/8961/8947

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......