This is for education purpose only and may not be useful for trading
First target of falling wedge "almost" achieved. Next 
target 3640. Stoploss: 3400.
Clue: profit booking in April calls. I don't know if call writing is happening but some caution is called for. Use some strict intraday stoplosses Monday. For eg. 3440.
NIFTY Open Interest Commentary for Series APR-2009 (as of 24-APR-2009):
Total Calls Open Interest: 28544950 Net change: -1696850
Total Puts Open Interest: 53768850 Net change: 464200
Put Call Ratio: 1.88
target 3640. Stoploss: 3400.Clue: profit booking in April calls. I don't know if call writing is happening but some caution is called for. Use some strict intraday stoplosses Monday. For eg. 3440.
NIFTY Open Interest Commentary for Series APR-2009 (as of 24-APR-2009):
Total Calls Open Interest: 28544950 Net change: -1696850
Total Puts Open Interest: 53768850 Net change: 464200
Put Call Ratio: 1.88
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