28-5-2009 trading shows that over all bullishness prevailed further. Settlement is over. Nifty closed at 4337 +67 points. Today we may expect another positive weekly closing. Hence, one more positive weekly closing is expected for the coming week also. Means markets may test the previous highs of nifty 4500 once again in the coming week and we may expect a considerable correction in the second week of June.

One worrying factor is flat premium in June nifty future. Nifty range is 4200-4500.

Over all view: Buy any thing targeting the resistance of 4500.
s2 =4215 s1=4276 pivot = 4315 r1= 4376 r2= 4415