On the call options front addition of open interest was witnessed in last trading session at strike price of 5400 and 5500.

On the put options front we have seen addition of open interest in last trading session at strike price of 5100 and 5200.

OI Chart Analysis: From the OI Chart we can see the strike price witnessed highest addition of open interest in the April Series. In coming sessions market may trade in a range of 5100-5400. On the call option front strike price with the highest open interest i.e. 5400 and 5500 may act as resistance on the up side whereas on the put option front strike price with the highest open interest i.e.5100 and 5200 may act as a support on the downside.

The Nifty ended at 5337.70, up 37.70 points or 0.71 per cent. It touched a high of 5342.45 and low of 5291.30 in trade so far.Nifty Futures shut stop at 5356 up 33 points . It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5380 else below support level of 5300 it would be in a downward rend.The Bombay Stock Exchange's Sensex closed at 17528.72, up 136.33 points or 0.78 per cent. It touched intraday high of 17530.30 and low of 17361.71.

BSE Midcap Index was up 0.34 per cent and BSE Smallcap Index moved 0.36 per cent higher.Amongst the sectoral ndices, BSE Auto Index was up 2.32 per cent, BSE Metal Index gained 1.12 per cent and BSE Healthcare Index advanced 1.10 per cent. BSE Power Index moved 0.77 per cent lower and BSE Capital Goods Index slipped 0.70 per cent.

RESISTANCE: It has first resistance close to the level of 5380 & abovethis level the next resistance is seen near the 5410 mark.

SUPPORT: It has first support close to the level of 5300 & below thislevel the next support is seen near 5230 mark.