Calls for the 28th july

RESEARCH-Nifty(FUT) R-4615/4655/4740 S-4570/4530/4485 ;Sensex(CASH)
R-15480/15590/15820 S-15355/15245/15120 ;MARKET
OUTLOOK:VOLATILE(08.55A)

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RESEARCH: MARKET OUTLOOK: For the day, market would remain highly volatile on positive side ahead of F&O market expiry 30th July 2009. If NIFTY stays above 4601, NIFTY could move towards 4636 and 4693 levels. On the downside, NIFTY is likely to find support at 4554 and 4528. If it moves below, it may come down to 4505 levels. RBI's monetary policy announcement scheduled today would dictate the trend of the market.

9:39 AM 7/28 RESEARCH-Global Market (in %): DOW JONES (+0.17%), S&P 500 (+0.30%), NASDAQ (+0.10%), FTSE (+0.21%), DAX (+0.42%), NIKKEI(-0.29%), HANG SENG (+0.54%) & SGX NIFTY (+8.5 POINTS)