29-5-2008 Views

Hi, On 28-5-2008 nifty index formed low of4836 (same as 27-5-2008) and stated moving up after consolidating around 4860 nifty revisited 4836 regeon and started moving up. It faced resistence around 4900 and came down to 4880 and finaly closed above 4900 at4918. Today being expiry day for MAY derivative contracts the market will be very volatile. The readers of this post should be very alert in trading.While the author of this post is not resposible for the profit or loss incurred by the readers due to descision taken based on this post he wishes every one a very prosperous day.