NIFTY VIEWS

ON MONDAY NIFTY MAY OPEN WITH A SMALL GAPUP 

OF NEAR 20 POINTS AND MAY TRGT 6140-45 SOON 

AFTER OPENING RANGE WHERE NIFTY CAN BE 


SHORTED FOR 6045-55 RANGE.....SL ABV 6155


RISK TAKERS MAY START ACCUMULATING LONGS 

FROM OPENING IF ABV 6118( THOUGH I EXPECT MAY 

OPEN ABV 6124)

ON MONDAY AFTER FIRST HR NIFTY WILL FAVOUR 

BEARS AND NEAR EOD MAY COVER SOME INTRADAY 

LOSSES THOUGH MAY CLOSE IN RED

TUESDAY MAY BE A GOOD DAY FOR BULLS AGAIN

MAY TRGT 6180-90 RANGE NEXT WEEK(POSSIBLE 

TILL TUESDAY)

LONGS MADE TODAY SHALL HAVE SL BELOW 6072

AND ANY MADE NEAR 6055 SHD HAVE BELOW 6012