Nifty for 24-3-2011 trading: Nifty started to rise. FII data bullish, but more shorts in stocks futures?. As per options writings the rise may be up to 5700 in this settlement.  But the confirmation is from tomorrows trading with more buying in stocks futures by FIIs.

     If there is no follow up buying in stocks futures by FIIs tomorrow we may see correction up to Friday forenoon and followed by big rise in the next week. April trading is with in the range of nifty 5400-5800.