NS VIEWS:
RES:4931-4953-4973
SUP:4888-4863-4846
TOMMORROW NIFTY MAY OPEN FLAT AND MAY TRADE IN 4930-4888 RANGE FOR SOMETIME.
BUY ABV 4920,SELL BELOW 4908,
BREAKOUT OF RANGE MAY GIVE 4953-4973 AND 4863-4846,THERE IS VERY STRONG CHANCE OF HUGE VOLATILITY IN INTRADAY TRADE TOMM WITH LARGE SWINGS ON BOTH SIDES.
THERE IS HIGH PROBABILITY THAT NIFTY MAY RETEST LOWER LEVELS OF 4860-40 TOMMOROW BEFORE MAKING ANOTHER STRONG UPMOVE.
BUY NEAR 4860-40 WITH SL BELOW 4818
DOLLAR INDEX TRADING AT DAYS HIGH OF 80.61 (MADE LOW OF 79.61)WHICH MAY BE BEARISH FOR ASIAN EMERGING MARKETS
SGX NIFTY CLOSED @ 4908/4907
INDIA VIX-29.04 SUGGESTS INSTABILITY AND VOLATILITY
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