20-04-12 SPOT NIFTY RES/SUP
R3-5391 R2-5368 R1-5351 PIVOT-5321 S1-5304 S2-5274 S3-5250
NIFTY MAY GRIND IN 100 POINTS 5300 TO 5200 +/- 30 POINTS.... IF FAIL TO CROSS 5340...... RANGE BREAK OUT 5380 BREAK DOWN 5250
ALL OUT OF MONEY CALLS/PUTS EVAPORATE IN THIN AIR
TL SUPPORT COMES AROUND 5280 AND SOME OF EMA'S ALSO GIVE SUPORT AROUND 5250 ...INTERMEDIATE RANGE HAVE TO GET BROKEN FOR FIRM TREND TO EMERGE TILL THEN BETTER OF PLAYING MINI NIFTY INTRA DAY...