NIFTY MAY FACE RES NEAR 5135-5145 RANGE,STRONG GLOBAL CUES MAY SEE NIFTY OPENS GAP UP.IF TRADES AND SUSTAINS ABV 5145 MAY TGT 5161-5183 LEVELS ALSO.

IF OPENS GAP UP ABOVE 5120, IMMEDIATE SUPP WILL BE NEAR 5088 AND THEN IN 5050-5044 RANGE.
TILL NIFTY TRADES ABV 5088 IT WILL BE BUY IN DIPS
SOME PROFIT BOOKING MAY BE SEEN NEAR CLOSING (2PM-3PM)DUE TO WEEKEND

5000PE SAW AN ADDITION OF 16.6 LAKHS SHARES IN O.I AND ALSO HAS HIGHEST O.I IN THIS SERIES
WHILE 5300CE HAS HIGHEST O.I IN JUNE CALLS INDICATING A RANGE OF 5000-5300 IN COMING WEEKS