NS VIEWS(26TH MARCH):

RES:5288-5311-5336
SUP:5256-5240-5222

BUY ABV 5269 SL 5240 FOR TGTS 5288-5311,IF TRADES AND SUSTAINS ABV 5311 THEN MAY SEE SWIFT UPMOVE TOWARDS 5356-5360 IN COMING DAYS

SELL BELOW 5240 WITH SL ABV 5269 FOR TGTS 5222-5211.

TOMMORROW ON STRONG GLOBAL CUES NIFTY MAY OPEN GAPUP ABV 5274..THEN MAY SEE TGTS OF 5288-5311 WITH 5269-5274 AS INTRADAY SUPPORT.TILL NIFTY DOES NOT BREAK AND CLOSE BELOW 5240 ITS BUY ON EVERY DIP NEAR 5240.

IN APRIL SERIES NIFTY IS EXPECTED TO SEE AN UPMOVE TILL 5450+/-20PTS(WHICH MAY COINCIDE WITH DOWS TGTS OF 11111-1133)WHERE IT MAY FACE STIFF RESISTANCE.FROM THERE EXPECT SOME CORRECTION TO SET IN TILL 5183 LEVELS.IF NIFTY BREAKS BELOW 5183 THEN EXPECT SOME PANIC TO SET IN FOR TRGTS 4750.

I EXPECT NIFTY TO MOVE UP TILL 11TH APRIL FOR 5450 TRGTS AND THEN NIFTY MAY START ITS CORRECTION AS FOURTH QUARTER RESULTS WILL START COMING OUT.

IN VERY SHORT TERM NIFTY MAY MOVE UP TILL 5336-5360 FROM WHERE SOME CORRECTION OF 80-100 PTS IS EXPECTED AND THEN MAY START UPMOVE FOR 5450 TILL 11TH APRIL.