POST MARKET REPORT11-01-10

FLAT,CHOPPY,RANGEBOUND & DULL ARE THE WORDS WHICH R SUITABLE FOR NOWADAYS MARKET.MARKET AT ITS 52 WEEK PEAK IS PAUSING A LOT,NEITHER GIVING DECISIVE BREAKOUT ABV 5300 NOR BREAKING 5230 FOR MILD CORRECTION.LOOK LIKE,IT IS EXPECTING SOMETHING FROM RESULT FRONT OR ECONOMIC POLICY FRONT ALONG WITH ASTRO DATA OF SOLAR ECLIPSE WHICH WILL HAPPEN AT THE END OF THIS WEEK I.E 15TH JAN.INFOSYS MAY NOT PUSH UP THE MARKET WITH ITS RESULT.BUT THE KING OF MARKET RELIANCE MAY GIVE ITS EFFECT BEFORE OR AFTER NOT ON THE RESULT DAY.ON TUESDAY,MARKET HAVING SUPPORT AT FRIDAY LOW I.E. 5233 & RESISTANCE AT PSYCHOLOGICAL LEVEL I.E. 5300.EITHER SIDE BREAKS GIVE SOME SOME JERK OR PUSH BUT NOT MORE THAN 20 TO 30 POINTS.NOWDAYS MOVEMENT OF 20 TO 30 POINTS FOR NIFTY IS REALLY A TOUGH CLIMBING.EXPECTING ANOTHER FLAT,CHOOPY DAY ON TUESDAY.