Long Holidays…
Tomorrow will be the last trading day for this week & for current month with F&O expiry. It is expected to be volatile day, and in end Price, Volume, A/D and Final Rollover with decide, Fate for coming month, till election result. As 3414 has broken today and then there was unsuccessful attempt by bull to regain same, but in end Bears got it down to 3351, finally closing @ 3362. Now 3414 will be the first target for Bulls to regain and hold on for, only after that they can move higher. On Bear side they will try all hard to bring Nifty down to 3300. I recommend to read my previous two blog, which I believe still hold true.
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Market April '09 - Week 5
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