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Chennai, Tamil nadu, India

Wednesday 23 April 2008

24-4-2008 Views

Hi, For a long time I could not post any views .The Indian market was consolidating during the month of March and started making higher bottoms.Tomorrow is expiry day for April contract and the market will be very much volatile. I feel,on such days people new to trading should be on sideline. Tomorrow Nifty will face resistance around 5100 and take support at 5000level,below which it may take support at4950-4900. Below which it may touch 4700 level.But 24Th being the expiry day for April contract the market may behave in its own way since it is supreme. The views expressed here may be used for trading at own risk. The author of this note is noway responsible for any loss or profit.

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