Nifty outlook for Apr 20

Up Target2: 5380 to 5385 zone is 50% of retrachment
UP Target1: 5365 upper level of bollinger band
Resistance: 5337 is 50 DSMA; for the last two days Nifty has failed to sustain above this level
Down Support1: 5312 as this is 20 HEMA this may be first sign if bears break this level down
Down Support2: 5279 as this is 20 DEMA this may trigger sell off for short term
Down Target: 5266 to 5276 this may act as a very strong support because of clustering of too many moving averages

Trading range for tomorrow would be 5270 to 5380