NS VIEWS(9TH APRIL):

RES:5322-5338-5354
SUP:5274-5258-5241

BUY ABOVE 5309 WITH SL 5290 FOR TARGETS 5322-5338-5354

SELL BELOW 5290 WITH SL 5309 FOR TARGETS 5274-5258-5241

TOMORROW IF GLOBAL CUES SUPPORTS NIFTY MAY OPEN WITH POSITIVE BIAS AND MAY TRADE IN 5354-5282 RANGE...


IF OPENS WITH POSITIVE BIAS MAY MOVE UPTO 5338 LEVELS WHERE NIFTY MAY FACE STIFF RESISTANCE AND MAY AGAIN SEE SOME SELLING COMING THERE WHICH MAY SEE NIFTY DIP TO 5288-5280 LEVELS,BUY NIFTY NEAR 5280-88 WITH SMALL SL BELOW 5274 FOR TARGETS 5306-5338-5354,BUT IF SL IS HIT REVERSE THE TRADE FOR TARGETS 5258-5241 WITH SL ABOVE 5290

BUT IF BREAKS ABOVE 5338 AND SUSTAINS THEN SHORT COVERING MAY SEE NIFTY MOVING UPTO 5354-5370 LEVELS.

BUT IF GLOBAL CUES ARE NEGATIVE AND OPENS WITH GAP DOWN BELOW 5274 MAY SEE DIP NEAR TO 5241-5250 LEVELS WHERE NIFTY HAS STRONG SUPPORT AND IF HOLDS MAY SEE FAST RECOVERY UP TO 5274-5306-5338 LEVELS,BUY NEAR 5241-5250 LEVELS WITH SL BELOW 5235 ,IF SL HIT REVERSE THE TRADE WITH SL ABOVE 5250 FOR TARGETS 5210-5183.

TOMORROW BEING LAST TRADING DAY OF THE WEEK NIFTY CAN SEE SOME VOLATILE MOVES IN 5288-5338 RANGE.

GUESS:EXPECT NIFTY TO CLOSE NEAR 5330 LEVELS WHICH WILL KEEP BULLS AND BEARS GUESSING FOR THE WEEKEND ABOUT THE FUTURE COURSE (NEXT WEEK) OF NIFTY

WE EXPECT NIFTY TO TRADE IN 5241-5384 RANGE FOR SOME DAYS(4-5DAYS) BEFORE BREAKING OUT FOR TARGET 5450-5470 ABOVE 5400,
..SO TILL THEN BUY NEAR 5250-5260 WITH SL BELOW 5235AND SELL NEAR 5360-5370 WITH SL ABOVE 5389