NS VIEWS(6TH APRIL):
RES:5384-5400-5416
SUP:5356-5340-5324
BUY ABOVE 5372 WITH SL 5361 FOR TARGETS 5384-5400-5416
SELL BELOW 5361 WITH SL 5372 FOR TARGETS 5356-5340-5324

TOMMORROW NIFTY MAY OPEN FLAT AND MAY TRADE IN 5340-5400 RANGE AND MAY REMAIN CHOPPY FOR MOST PART OF THE DAY.

TOMM IF OPENS POSITIVE AND TRADE AND SUSTAINS ABOVE 5384 THEN MAY SEE TARGET OF 5392-5400-5406.SHORT NIFTY NEAR 5400 WITH SL ABOVE 5428 FOR TARGETS 5372-5356-5340

IF OPENS WITH NEGATIVE BIAS THEN MAY SEE STRONG SUPPORT IN 5340-5328 RANGE,BUY NEAR 5330-35 RANGE WITH SL BELOW 5324 FOR TARGETS 5361-5384-5400

GUESS:TOMORROW EXPECTING CLOSE NEAR 5368 +/-5PTS AND WEAKNESS IN NIFTY IN COMING DAYS.

NIFTY CAN BE SHORTED FOR SHORT TERM(5-6 TRADING SESSIONS) NEAR 5400 WITH SL ABOVE 5454 FOR TARGETS 5340-5289-5235 OR BUY 5400PE OR 5300PE NEAR 5400NIFTY SPOT LEVELS.NIFTY MAY SEE STRONG BUYING AGAIN NEAR 5235-5260 RANGE. BUY NIFTY NEAR 5250 WITH SL BELOW 5203 FOR TARGETS 5340-5400-5470