Profit with Phoenix as on 29/03/2010

Dear All,
Market expected to open positive today due to the supports of the Global market indicates. Nifty(Fut) shall be strong above 5077/5123 levels. Close of Nifty(Fut) above 5173 may take Nifty(Fut) to long trend and mark levels at 5255/5273 levels, this may further take Nifty till 5297/5323/5347 levels. One of the majour support 4873 still remains at the same level, if Nifty(Fut) breaks 4823/4763 and closes week for 2-3 trading secissions we may see 4723/4640/4540 levels. Market expected to trade volatile. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +9, NASDAQ -2, HANGSEHG +141, KOSPI -0.25 NIKKE1 -57,
SHANGHAI +58, STRAITS +12, DAX -12, FTSE -24, CAC40 -11.

Todays Nifty(Fut) trading levels:

Base: 5307
Res: 5303/5309/5315/5334
Mid Res: 5305/5306/5312/5324
Supp: 5290/5284/5278/5259
Mid Supp: 5299/5287/5281/5269

Todays Bank Nifty trading levels:

Base: 9479
Res: 9491/9495/9499/9512
Mid Res: 9485/9493/9497/9505
Supp: 9482/9478/9474/9461
Mid Supp: 9481/9480/9476/9468

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......