NS VIEWS(1ST APRIL):
RES:5265-5281-5297
SUP:5235-5219-5203
BUY ABOVE 5254 WITH SL 5241 FOR TGTS 5265-5281-5297
SELL BELOW 5241 WITH SL 5254 FOR TGTS 5235-5219-5203
TOMORROW NIFTY MAY OPEN FLAT AND MAY TRADE IN 5219-5281 RANGE.TOMORROW BEING LAST TRADING DAY OF THIS WEEK (AS 2ND APRIL IS HOLIDAY ON A/C OF GOOD FRIDAY)SO MAY SEE SOME VOLATILITY IN ABOVE RANGE.
IF OPENS POSITIVE AND COULD NOT TRADE ABOVE 5265-67 RANGE THEN EXPECT NIFTY TO SEE SOME CORRECTION UPTO 5219-5222 RANGE,BUT IF BREAKS ABV 5267-5271 RANGE AND SUSTAINS ABOVE THAT WILL BE BUYING OPPORTUNITY FOR TRGTS 5281-5297-5313 WITH SL 5254
IF OPENS NEGATIVE AND FALLS BELOW 5235 THEN MAY SEE MORE CORRECTION UPTO 5219 AND IF NOT HELD MAY EVEN FALL UPTO 5203-5207 RANGE WHERE NIFTY IS A BUY WITH SL BELOW 5180 FOR TRGTS 5235-5251-5267,BUT IF 5235 IS NOT BROKEN THEN EXPECT TO SEE AN UPMOVE TILL 5265..BUY NR 5235 WITH SL 5229 FOR TRGTS 5249-5265
STRATEGY FOR TOMM TRADE...
BUY NEAR 5235 WITH SMALL SL AT 5229 AND SELL NEAR 5265 WITH SMALL SL AT 5270...REVERSE THE TRADE IF SL IS HIT,MEANS BUY ABOVE 5270 AND SELL BELOW 5229 FOR TRGTS GIVEN ABOVE
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