NIFTY CAN TOUCH 5410 LEVELS IN THIS MONTH

Indian Share Market in this month will be volatile in a range of 5180-5410 ,if we get a satisfactory monetary policy from RBI.Indices will break in to new highs ,but a big short covering is not expected.Options(CALL/PUT ) 5300 strike price Open interest is 27 lakhs and 37 lakhs respectively.Now Dow Jones  touching new highs in yesterdays trading we will follow them next week.

Those you having position in market ,my advise is Put writers can hold their positions buyers should exit if 5310 broke.More IPO and QIP are coming to suck liquidity from system is only good news for bears.