Mktviews Weekly Nifty Analysis (15/11/2010 - 19/11/2010)

Weekly Nifty Analysis for the week 15/11/2010 - 19/11/2010 :


Stay Bullish on Nifty Fut for medium term till 5930 is held.
Nifty Fut will face stiff resistance at 6149-6168 levels crossing & sustaining above
which, it may touch 6234 & 6209.
But, If fails to cross & 6168, Will be in a trading range 5930-6168.
Strong support lies at 5935-5940.
Only if it breaks & closes below 5930, it may touch 5843 & 5765.

Be quick in your Trades as Movements are expected to be very spiky & Trade with Stricter SL.
When in Profits, Either book Gains or Keep Trailing with a revised SL in order to maximize gains & reduce Risk Factor.

Regards, Team Market View Investments. 9987750901.

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