A Brief Rewind
* Sensex and Nifty closed the week on a positive note gaining by 2.98% and 3.29% respectively
* FII's were net buyers to the tune of Rs 530.30 crores for the month of March 09.
* Inflation rose marginally to 0.31%
* G20 triples bailout funds for nations
Technicals
Nifty has very strong support at 2865 & resistance at 3234. If Nifty sustains above 3250 then it would surge to 3400.
Short term calls
Sell Nifty sp1 3077, sp2 2980, sl 3250
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Saturday, April 4, 2009
A Brief Rwind n weekly view
Posted by MoneyBazaars at 8:57 PM
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