Positive domestic institutional investors (DIIs) and global market, neutral foreign institutional investors (FIIs) and futures & options (F&O) and cautious sentiments cues suggest that the short-term trend of the domestic stock markets will be neutral today, April 5, 2019.  

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Earlier, the key indices of the stock markets ended lower for the second straight on Thursday, April 4, 2019, while rupee posted sharp losses against the dollar. The S&P BSE Sensex lost 192.40 points, or 0.49 per cent, to close at 38,684.72. The Nifty 50 dropped 45.95 points, or 0.39 per cent, to 11,598 and Bank Nifty was down by 188.40 points, or 0.63 per cent, to end at 29,904.90. At the forex market, the rupee plummeted 74 paise, to 69.16, against the dollar.

See Zee Business video below:

Zee Business's Managing Editor Anil Singhvi's Market Strategy for April 5:
11,600 and 30,000 are going to be the deciding levels on Nifty and Bank Nifty respectively. 
The small and medium day trading range on Nifty lies between 11,550-11,650 and 11,500-11,700. 
In the case of the Bank Nifty, the small and medium day range for trading lies between 29,800-30,000 and 29,700-30,150 while the bigger range stands at 29,650-30,225.
The support zone of the two indices, Nifty and Bank Nifty, lies between 11,550-11,575 and 29,800-29,900. 

See Anil Singhvi's tweet below:

For Existing Long Positions:
Nifty and Bank Nifty Intraday and Closing stop loss triggered.

For Existing short positions:
Nifty Intraday stop loss 11,650 and Closing stop loss 11,675. 
Bank Nifty Intraday stop loss 30,100 and Closing stop loss 30,350.

For New Positions:
Buy Nifty with the stop loss of 11,550 and target 11,650, 11,700, 11,725. 
Sell Nifty in 11,675-11,725 range with the stop loss of 11,775 and target 11,650, 11,625. 

Buy Bank Nifty with the stop loss of 29,800 and target 30,000, 30,050, 30,150. 
Sell Bank Nifty in 30,200-30,300 range with the stop loss of 30,450 and target 30,050, 29,900.

The put-call ratio (PCR) stands at 1.54 and the volatility index (VIX) is 18.65. 

Enter or Exit F&O Ban: Nil
3 Already in Ban: Adani Power, IDBI, Reliance Power and Jet Airways.

Stock of the Day:
Buy Lakshmi Vilas Bank: Stop loss 87.50 and target 92, 96. Merger possibilities with Indiabulls Housing.
Buy Indiabulls Housing Futures: Stop loss 890 and target 915, 925, 935. Merger possibilities with Lakshmi Vilas Bank. 

Aaj Ka Hero:
Buy Cipla Futures: Stop loss 520 and target 535, 545. Goa plant gets EIR from USFDA.

IPO Analysis:
Metropolis: Expensive IPO, Avoid for listing gains.
Polycab: Strong brand, attractive valuations, Strong growth prospects. Apply for 10-15% listing gains.