April Series

01/04/2011 04:39

After Crossing 5800, now the range of Nifty has widen.  It has set the range from 5500-6100.  It implies that hightened volatility will reign in the coming days which is a result season. 

The upmove is supported by short-covering, FIIs' buying and retail participation.   The upmove is expected to remain intact.