NS VIEWS(7TH APRIL):
RES:5384-5400-5416
SUP:5356-5340-5324
BUY ABOVE 5373 WITH SL 5360 FOR TARGETS 5384-5400-5416
SELL BELOW 5360 WITH SL 5373 FOR TARGETS 5356-5340-5324

TOMORROW NIFTY MAY OPEN FLAT .TODAY NIFTY TRADED IN A SHORT RANGE OF 5351-5389,SO TOMORROW EXPECT SOME VOLATILITY AND TODAY BEING A DOJI DAY TOMORROWS MOVE WILL BE CRUCIAL FOR NIFTY TREND,IF COULD NOT BREAK TODAYS HIGH THEN EXPECT 5330-5324 LEVELS TO BE TESTED TODAY.NIFTY IS SHOWING SOME TIRING SYMPTOMS NEAR HIGHS,NOW ACTION HAS SHIFTED FROM LARGE CAPS TO SELECT MIDCAPS AND MORE IN SMALL CAPS.

NIFTY 5400CE AND 5300PE SAW MAXIMUM ADDITION IN O.I INDICATING A RANGE OF NEAR 5300-5400 IN COMING DAYS,UNWINDING IN 5300 CE INDICATING SOME MORE UPSIDE IS LEFT MAY BE UPTO 5410-5420 BEFORE NIFTY GOES INTO MILD CORRECTION.
IF NIFTY CLOSES BELOW 5324 TODAY ,WILL BE WEAK FOR COMING DAYS AND THURSDAY MAY BE GAP DOWN OPENING.