NIFTY AT CHANNEL SUPPORT(PINK AND BLUE LINES)
MAY BOUNCE FROM LEVELS OF 5550
NIFTY NEAR TO SUPPORT IN EXPANDING TRIANGLE FORMATION(VIOLET LINES)
MAY DIP TOWARDS 5520-30 RANGE AND THEN MAY BOUNCE STRONGLY
5422-5527 IS GAP IN DAILY CHARTS
STRATEGY FOR NEXT WEEK:BUY AGGRESSIVELY ON ALL DIPS IN 5550-5530 RANGE WITH SL BELOW 5480
EXPECTING NIFTY TO OPEN WITH POSITIVE BIAS ON MONDAY
MAY DIP NEAR 5550-30 NEAR 1.00-2.00 PM
EXPECTING TUESDAY AND WEDNESDAY MAY OPEN WITH SMALL GAPUP OPENING
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