NS VIEWS(5TH APRIL):
RES:5324-5344-5366
SUP:5271-5260-5235
BUY ABOVE 5298 WITH SL 5284 FOR TARGETS 5311-5324-5344
SELL BELOW 5284 WITH SL 5298 FOR TARGETS 5271-5260-5250
TOMORROW MAY OPEN WITH POSITIVE BIAS OR EVEN SMALL GAP UP IS POSSIBLE AS WORLD MARKETS CLOSED ON STRONG POSITIVE NOTE LAST WEEK
MAY OPEN NEAR 5304 AND MAY MOVE UP TO 5324-30 LEVELS WHERE WILL FACE SOME RESISTANCE FOR INTRADAY AND MAY SEE SOME CORRECTION TILL 5307-5304 WHERE NIFTY IS A BUY AGAIN WITH SMALL SL BELOW 5295 FOR TRGTS 5324-5330,IF BREAKS AND SUSTAINS MAY MOVE UPTO 5344 (OR EVEN UPTO 5366) LEVELS WHERE SOME INTRADAY SHORTS CAN BE CREATED WITH SMALL SL. FOR TARGETS 5330-5310
IF OPENS WEAK (VEY LOW PROBABILITY)MAY CORRECT UPTO 5271-5260 LEVELS WHERE AGAIN BUYING MAY EMERGE FOR TARGETS 5290-5304-5322,IF BREAKS BELOW 5260 NIFTY MAY RETEST LAST WEEK LOWS OF 5235.
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