In the Apr'13 expiry week Nifty and Sensex started off on a flat note and in-line with mixed global cues. During the starting of weekly trading session the benchmark indices Sensex and Nifty made a low of 18989-5789 respectively and then sharp recovered to move higher level.
On the day of expiry session (Thursday's session) we see a high volatility in the market during the day, the bears made a manful attempt to push the nifty below the 5900 level but did not succeed to close the Nifty below to the important 5900 level and with smart recovery Nifty managed to close at 5925 level on the Apr-13 derivatives expiry day.

According to the derivatives segment statistics higher Rollover above 66 % clubbed for Nifty as better than the last month. In terms of Bank Nifty also seen a strong Rollover numbers 67.78 % after the posting of above the expectation quarterly numbers from some banking counter and also with the hope of Rate cut from the RBI's monetary policy meeting.

On the last weekly close the benchmark of 50 share index Nifty-50 gained 88 points on the end of week's trading at 5871. During the week Nifty hit a weekly high of 5925 and on lower side hit a low of 5790 and opened at 5790.
The BSE 30 share indices Sensex closed at 19287 with the gain of 270 points. It opened on 18989 made a low of same level and hit a high of 19435 during the week.

Of the 50 stock Nifty basket 37 shares ended with positive return while the rest counter closed with losses during the weekly trading. Top gainers in the Nifty's front line counter are : Maruti Suzuki up by 10 % followed by financial stock like HDFC 7.56 %, Kotak Mahindra Bank 7.29 %, Bharti Airtel 6.74 %, NTPC 6.68 %, Hero Moto 6.67 %, Coal India 6.65 %.
The top weekly losers are : HCL Tech drop by 7.45 %, followed by Jindal Steel 6.77 %, TCS 5.28 %, Hindustan Unilever 3.79 %, Infosys 3.70 %.

Nifty daily chart

First day of new series has not been in the favor of bulls, On Friday's session Nifty and Sensex opened with gap down, Nifty opened below to 5900 level as benchmark indices remained under pressure for the whole trading session. On the last day of weekly trading session after hit to a day's high of 5907 Nifty made a low of 5860.5 and close at the level of 5871 with the loss of 43 points.

Nifty's positional traders can buy Nifty at current market price or at 5850-5860 zone for target 5905-5935-5980 with stop loss of 5835-40 which is around 5 day exponential moving average and 61.8 % Fibonacci Retracement Level of last week swing.

Positional Trader can also consider these Nifty Weekly Retracement Level in their trade : 5892.79 (23.6%) 5873.11 (38.2%) 5857.2 (50%) 5841.29 (61.8%) 5821.61 (76.4%) 5789.8 (100%) 5738.31 (138.2%)

Intraday Buy Nifty Above : 5890 For Target 5906 5926 5945 Stop loss 5871

Intraday Sell Nifty Below : 5870 For Target 5855 5836 5816 Stop loss 5890

Intraday Stock Tips-1 : Buy ICICI Bank Above 1048 Target 1155 1164 1170 SL 1132

Intraday Stock Tips-2 : Buy Tata Motors Above 298 Target 300 303 305 SL 294

Intraday Stock Tips-3 : Reliance Infra Above 369.50 Target 373 376 380 SL 366