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    Genie's View 24/04/09

    We expect our markets to open on a flat note as well and then witness selling pressure during the day.
    Markets would remain volatile in the near term as the NSE Volatility Index (VIX) has closed above 50 for the last six trading sessions
    Market is rangebound for 9 trading sessions which implies a tough fight between bulls N bears.
    Bulls defending 3300….there’s a breakout of wedge. Wedge TGT 3520.
    Buy on decline with a Stoploss 3400-3360. tgt 3520
    Happy Trading……………