NS VIEWS:

RES:4952-4994-5020
SUP:4897-4860-4835

TOMM NIFTY MAY OPEN WITH POSITIVE BIAS AND MAY BE VERY VOLATILE AS IT WILL BE FIRST TRADING DAY AFTER BUDGET ANNOUNCEMENTS, TOMMORROW IF OPENS GAP UP MAY FACE AN INITIAL RESISTANCE NEAR 4965-4975 RANGE,IF MOVES ABOVE AND SUSTAINS THEN MAY SEE TARGETS OF 4994-5020,WHERE NIFTY CAN BE SHORTED WITH SL ABV 5045,FOR TGTS 4952-4912 IN COMING DAYS.
IF NIFTY DOES NOT CROSS ABV 4975 THEN CAN BE SHORTED WITH SL ABV 4994 FOR TGTS 4912-4897-4860..

TILL NS IS ABOVE 4860 IT IS BUY ON DIPS WITH SL NEAR 4835..

NIFTY 5000 CE AND 4800PE HAVE HIGHEST O.I INDICATING A RANGE OF 4777-5020, BREAK OUT OF THESE RANGE MAY GIVE SOME SHARP MOVES IN THAT DIRECTION.