The below news can makes bears run pillar to post.....

GREECE WINS MORE THAN $41 BILLION IN EU, IMF AID
BLOOMBERG Brussels, 11 April
European governments put together aloan package worth at least ¤30 billion ($41 billion) for debt-burdened Greece as they try to stamp out its fiscal crisis and restore confidence in the euro.
Forced into action by a surge in Greek borrowing costs to an 11-year high, finance ministers from the ¤16 countries said they would offer the loans at threeyear interest rates of around 5per cent in case Greece needs the money. A further, unspecified sum would come from the International Monetary Fund.
“This is a step of clarification that markets are waiting for — it shows there is money behind this,” Luxembourg Prime Minister Jean-Claude Juncker told reporters in Brussels today after chairing the ministers’ conference call. “The initiative for activating the mechanism rests with the Greek government.” With the euro facing the sternest test since its debut in 1999, the bloc maneuvered around rules barring the bailout of debt-stricken countries, aiming to prevent Greece’s financial plight from spreading and to mute concerns about the currency’s viability.
The euro has dropped 5.7 per cent against the dollar this year as the discord within Europe over the response to the Greek crisis sapped faith in Europe’s economic management.
A “loaded gun” to ward off speculators is now “on the table”, Greek Prime Minister George Papandreou told To Vima newspaper today. What would trigger the unprecedented European lending was left unanswered in today’s teleconference of euro-region officials, which included European Central Bank President Jean- Claude Trichet. Also left open was how much the Washington-based IMF would chip in for 2010, and how much Greece might need in 2011.
“We cannot speak on behalf of the IMF, but we know that they are ready to cooperate and contribute with a substantial amount,” European Union Economic and Monetary Commissioner Olli Rehn said. “It is really up to the IMF to speak for itself. We have to respect their independence.” Rehn said that the IMF would likely put up about a third of any aid plan, indicating another ¤15 billion in possible IMF funding.
European pledges in February and March to provide aid in an emergency failed to prevent Greek 10-year bond yields from soaring to 7.51 per cent on April 8, according to Bloomberg generic prices, amid concern that Papandreou’s government will be swamped by its bills.
The jump in Greek yields to the highest since December 1998 helped overcome resistance to a loan package in Germany, which as Europe’s biggest economy would contribute almost a third of the loans, the largest single share.
The premium investors demand to buy Greek 10-year bonds instead of German bunds jumped to 442 basis points April 8, easing to 398 basis points the next day as speculation over arescue gained steam.
 My Comments:
The above news can put bears train in reverse gear......and also of some chartist who are bearish due to Greek fiasco.....Beware BEARS.......if you are going to short the market this week , u will be in a very bad times........Nifty can cross 5500 this week!....
This is just my analysis.....so please do not take position in F&O on this.......
But all chances are there that Bulls will have upper hand this week...unless Infy gives a very negative guidence..........