Thursday, May 28, 2009

Up move continues

Today (28-5-09) also Nifty continued its up move up to 4355 and closed the day at 4337 with a gain of 61 points. DOW's slip or Asian markets weakness etc. did not affect Nifty's up move today as shorts were not fully covered yesterday. Even though it was a F&O settlement day volatility was completely absent.
As Soma-Surya figures worked out today on the basis of June series seems reasonable it has been given. As Nifty has moved up very much this month, Nandi is not expecting Exceptional Friday effect tomorrow.

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