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01 June, 2009

to rise further....

29-5-2009 trading shows that the bullishness continues. Nifty closed at 4449 + 112 points. Every thing is positive and continues further for some time. One can trade for two more days long side. Later the correction will also not be bigger one.
FII data, F & O data, option writing all are positive. Further call writing is required before markets take correction.
Over all view: Trade long nifty up to 4550-4650 levels.
s2=4278 s1=4363 p= 4426 r1= 4511 r2=4573

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