Nifty again in Kaisiki Nishadam

Nifty Friday (24-4-09)closing was at 3481 in Kaisiki Nishadam band width ( Kaisiki Nishadam Low:3460, Center:3573, High:3646). The expected breach of 3300 - 3500 range didn't take place during the week passed by, even though there was an attempt to break downwards. Next, Nifty will breach 3500 tomorrow and likely to move to 3573 or even 3646 in coming days. But, there may be high volatility and limitations to the movement of Nifty, as F&O settlement is on Wednesday (29th April), holidays on 30th April, 2009 and 1st May, 2009 on account of General Elections and Maharastra Day in Mumbai. Thus this week will be a truncated week with just three working days.