rally continues...

6-4-2009 trading shows that bulls are near to book profits. Nifty started with + 100 points and immediately corrected and closed at 3257 +46 points. FII data, F & O writing and put writing are all show that markets will rise further. But, the call writing at 3300 was increased.  If tomorrow nifty rises and from +50 to starts down turn ( observe for first 30 minutes) short nifty and stop loss is 3320-3330. One may see a correction up to 3240-3150 before nifty rises further.

Update: 8-4-2009. Now the Dow & Global markets are all negative. Our market may open in negative. The fall may not a major one. One can wait for good opportunity to go long.