"Post-closing Report(30-03-2011) & Tomorrow Outlook"
March derivative series expiry at the top of month today and it means top formation after complete buying at lower levels. Closing expected near the top of month and any down move will not be possibble.
Nifty will first trade between 5770-5800 and will prepare for next moves. Consolidation,rally and positive closing expected today. Fast moves above 5815. As some selling formations yesterday therefore sustaining above 5800 will be watched for immediate next upmove confirmations otherwise rally seems confirm above 5800.