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02 April, 2009

bullish markets

1-4-2009 trading shows a very big raise of nifty from 2966 to 3060 i.e., -55 to + 39. Heavy put writing and strong raise from support level of nifty 2962 gives a view that markets will go up further. Global cues are positive. Nifty may test the resistance levels 3240-3300 in the next week. No view of down side as of now. One can buy calls Nifty 3200 .

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