NS VIEWS(15TH APRIL):

RES:5347-5363-5379

SUP:5305-5289-5273

BUY ABOVE 5329 WITH SL 5315 FOR TARGETS 5345-5363-5379
SELL BELOW 5315 WITH SL 5329 FOR TARGETS 5305-5289-5273

TOMORROW NIFTY MAY OPEN WITH A POSITIVE BIAS(EVEN GAP UP ABOVE 5339 IS ALSO POSSIBLE) AND MAY SEE INITIAL RESISTANCE NEAR 5347-53 RANGE AND IF BREAKS ABOVE THAT MAY TEST 5363-5366 RANGE WHERE SOME SELLING MAY COME IF GLOBAL CUES ARE VERY STRONG FOR POSITIVE SIDE THEN DONT SHORT NEAR 5363 AS NIFTY MAY BREAK AND TEST 5379-84 RANGE WHERE NIFTY CAN BE SHORTED FOR SMALL CORRECTION WITH SL ABOVE 5400 FOR TARGETS 5363-5347

BUT IF COULD NOT CROSS ABOVE 5347-50 IN MORNING TRADE THEN NIFTY CAN BE SHORTED WITH SL ABOVE 5363 FOR TARGETS 5331-5315-5302...

NIFTY HAS STRONG CHANCE OF RETESTING 5400 THIS WEEK SO BUY AT EVERY DIPS WITH SL BELOW 5302..NIFTY WILL BE WEAK ONLY IF TRADES BELOW 5302

IF NIFTY CLOSES ABOVE 5339 THEN MAY CARRY LONGS BUT IF CLOSES BELOW 5302 THEN SHORTS CAN BE CARRIED FOR FRIDAY...NIFTY MAY SEE HUGE VOLATILITY ON FRIDAY IN 5310-5410 RANGE.