NIFTY VIEWS

TOMORROW EXPECTING NIFTY TO TRADE IN 6573-6633 NS RANGE

ABV 6633 NIFTY WILL FACE RES NEAR 6656NS FROM WHERE EXPECTING FALL TOWARDS 6370NS IN 8-10 TRADING SESSIONS(MAY START FROM FRIDAY)

6305 IS CURRENT 55DEMA AND IN NEXT 8-10 SESSIONS MAY MOVE UP TOWARDS 6370 NEAR LEVELS WHICH WILL LEND SUPPORT TO NIFTY AT THAT TIME

6350-70 IS ALSO TRGT PRICE OF BEARISH WW PATTERN.NIFTY HAS NOT YET GIVEN A BREAKOUT ABV T/L (TO FORM PT5 )JOINING PTS 1AND 3...MAY KEEP ABV 6600 FOR NEXT 2 DAYS BEING EXPIRY WEEK TO TRAP BULLS.......BE CAUTIOUS WITH LONGS ABV 6633NS

WEAKNESS IN NIFTY BELOW 6520NS