NIFTY VIEWS FOR MAY SERIES

TRADING RANGE FOR NEXT 2 WEEKS(FROM 6TH MAY TO 17TH MAY) IS 6091-5884 NS LEVELS

START ACCUMULATING SHORTS FROM 6070 NS TO 6090 NS RANGE  IN  NEXT WEEK

SL ABV 6140NS

TRGTS  MAY BE 5840 THIS SERIES(AND THAT MAY BE THE LOW OF THIS SERIES ALSO) IN WEEK STARTING FROM 20TH MAY

VIEWS FOR NEXT WEEK

MONDAY:MAY OPEN WITH SMALL GAPUP AND EXPECTING A GOOD  GREEN DAY WITH CLOSE NEAR DAYS HIGH,INTRADAY TRADING RANGE MAY BE 80-85 POINTS

5DEMA SHALL BE LONGS SL ON CLOSING BASIS AS OF NOW ITS 5929

TUESDAY:MAY OPEN WITH SMALL GAPUP AND THEN MAY SEE SHARP DIP  INTRADAY BUT WILL RECOVER ALL THE LOSSES BEFORE CLOSE AND MAY CLOSE NEAR MONDAYS CLOSE AGAIN ,INTRADAY RANGE MAY BE 70-75 POINTS

TUESDAY HIGHS MAY BE 10PTS MORE THAN MONDAYS HIGH

WEDNESDAY:AGAIN NEAR SAME TRADING RANGE OF 70-75 POINTS AS TUESDAY BUT WEDNESDAY HIGHS MAY BE 10-15 PTS MORE THAN TUESDAY HIGH BUT CLOSING SHALL BE BELOW TUESDAYS  CLOSE