Mktviews Daily Nifty View (30/12/2011)

Expect Markets to open on a positive note.

Nifty Fut needs to cross critical resistance zone 4727-4735 for upmove upto 4774/4800. If does not cross 4735, then lower levels of 4665/4638 could be tested.

Key Nifty Futures Levels :

Supports : 4676 & 4638.

Resistances : 4729 & 4759.

Probable Trading Range : 4638 – 4759. 

Mktviews Daily Nifty View (29/12/2011)

Expect Markets to open on a negative note inline with Global Markets. Nifty Fut needs to cross critical resistance zone 4728-4735 for bounce back upto 4779/4809. If does not cross 4735, then lower levels of 4640/4618 could be tested.

Key Nifty Futures Levels :
Supports : 4656 & 4624. Resistances : 4709 & 4739.
Probable Trading Range : 4624 – 4739.

Note : Expect Nifty to stay highly volataile on A/c of F&O expiry today.

Fresh Nifty View (28/11/2012)

Avoid carrying any Longs. Nifty Fut faces high resistance @ 4739-4745 area. It will face selling pressure on rises.
If does not cross/sustain abv 4745, will fall upto 4665 & 4640.
Upside upto 4789/4815 only incase it crosses & sustains abv 4745.

Mktviews Daily Nifty View (28/12/2011)

Expect Markets to open on a negative note in line with Asian Markets.

Now, Nifty Fut needs to cross critical resistance zone 4755-4763 for bounce back upto 4789/4815++. If does not cross 4763, then lower levels of 4703/4665 could be tested.

Key Nifty Futures Levels :

Supports : 4709 & 4674.
Resistances : 4763 & 4789.
Probable Trading Range : 4674 – 4789.

Fresh Nifty View (27/12/2011)

Nifty View : Post opening, Nifty Fut went up till 4808 (We bought @ 4776 & booked around 4802), But from there is facing continuous selling pressure.
Now If 4760 breaks with volumes, Expect it to slide upto 4720/4680.
Upside upto 4826/4845 only if we cross & sustain abv 4809 with volumes.  

Fresh Nifty View (27/12/2011)

Nifty View : Post opening, Nifty Fut went up till 4808 (We bought @ 4776 & booked around 4802), But from there is facing continuous selling pressure.
Now If 4760 breaks with volumes, Expect it to slide upto 4720/4680.
Upside upto 4826/4845 only if we cross & sustain abv 4809 with volumes.  

Mktviews Trade 1 (27/12/2011)

Buy Nifty @ 4776 SL 4756 Tgt 4810, 4823. 

Mktviews Daily Nifty View (26/12/2011)

Expect Markets to open on a flat note in-line with Global Markets

Now, 4695-4705 is a crucial support level which needs to be held for witnessing any small pullback upto 4774-4800 zone.

If breaks & sustains below 4695, further selling pressure upto 4665/4635 could be witnessed.

Key Nifty Futures Levels :

Supports : 4695 & 4665.

Resistances : 4756 & 4790.

Probable Trading Range : 4665 – 4790. 

Mktviews Weekly Nifty Analysis (26/12/2011-30/12/2011)

Last Week Indian Markets showed resilience & sharp pullback was witnessed form new yearly low of 4540 to 4775 levels followed by short-covering & selective buying support @ lower levels post pullback in global markets on A/c of successful spanish bond auction & better US data w.r.t unemployment & housing as well as India's Lower food Inflation nos & upgrading of India's debt rating by Moody's. 

 

Coming Week, Uncertainity over news-flow from political front over Lokpal Logjam  & reports over a possible fuel price hike would be very crucial & may have a negative impact. 

Movements would be very choppy & volataile ahead of FnO expiry on 29 Dec (Thursday). 

 

Going Forward, If Nifty Fut holds 4596 & crosses resistance zone of 4865-4874 with volumes, Trading pullback upto 4994/5076 would be witnessed. But If fails to cross & sustain abv 4874, Will be in a trading range 4596-4874. 

Strong Support lies @ 4596-4610. 

If breaks & sustains below 4596, Nifty could witness a freefall upto 4435 & 4290 Levels. 

 

Regards,
Team Market View Investments. 
Mo : 9987750901. 
Visit www.mktviews-nifty50.blogspot.com
Facebook : www.facebook.com/mktviews. 

Never Forget : Our NATURE is our FUTURE !!!

Mktviews Daily Nifty View (23/12/2011)

Expect Markets to open on a positive note in-line with Global Markets on A/c of better US data points.

Now, Nifty Fut needs to cross critical resistance zone 4794-4798 for bounce back upto 4829/4849. If does not cross 4798, then lower levels of 4709/4675 could be retested.

Key Nifty Futures Levels :

Supports : 4743 & 4709.

Resistances : 4798 & 4835.

Probable Trading Range : 4709 – 4835.

. 

Mktviews Daily Nifty View (22/12/2011)

Expect Nifty to open on a Negative note following negative global markets.

After a massive Short-Covering move yesterday, Nifty Fut can move upto 4719-4734 area which is a critical resistance area.

Further pullback upto 4780/4830 is possible only incase 4735 is crossed & sustained. If does not cross 4735, then lower levels of 4600/4530 could be tested.

Key Nifty Futures Levels :

Supports : 4658 & 4624.

Resistances : 4719 & 4759.

Probable Trading Range : 4624 – 4759. 

Mktviews Daily Nifty View (21/12/2011)

 Markets have opened Gap-up on A/c of Positive Global Markets. 
Nifty Fut faces critical resistance zone 4678-4684 for trading pullback upto 4730/4760. If does not cross 4684, then lower levels of 4590/4550 could be tested. 

Key Nifty Futures Levels : 

Supports : 4619 & 4590.
Resistances : 4684 & 4719.
Probable Trading Range : 4590 – 4719.

Mktviews Daily Nifty View (20/12/2011)

Expect Markets to open on a Flat to Positive Note.

Nifty Fut faces critical resistance zone 4646-4656 for trading pullback upto 4703/4730. If does not cross 4656, then lower levels of 4576/4536 could be tested.

Key Nifty Futures Levels :

Supports : 4590 & 4556.

Resistances : 4656 & 4681.

Probable Trading Range : 4556 – 4681

Mktviews Weekly Nifty Analysis (19/12/2011-23/12/2011)

Indian Markets closed at its 24 Month's Lows due to sustained selling pressure following Shocking IIP data, unchanged key interest rates by RBI against expectation of a CRR cut, Rupee hitting all time lows of 54.32 v/c Dollar, Fresh downgrades of European Banks & corporates by rating agencies.
In the medium term, Nifty (Future) may fall upto 4289-4305 levels which is 50% retracement of entire rally from 2228 to 6349. (6349-2228*50% = 2060 & 6349 - 2060 = 4289). This fall may come but with small pull-backs in-between. Use all pullbacks to reduce Long Positions as bouts of Selling Pressure would be witnessed on all rises.

Avoid Bottom Fishing.

Critical Resistance lies @ 4758-4776 area & any pullback upto 4865/4940 can be expected only if 4776 is crossed with volumes.
If Nifty Fut does not cross 4776 on upside and breaks & closes below 4519, it may trigger further panic selling upto 4410 & 4289.
Possible Trading Range 4519-4776.

Regards,
Team Market View Investments.
9987750901.
Yahoo : marketview@ymail.com

Fresh Nifty View (16/12/2011)

Nifty View : Nifty Future faces critical resistance around 4840-4845 area. If does not cross 4840, would fall back upto 4770/4740. Upside upto 4890/4930 only if Nifty Fut crosses & sustains abv 4840. 

Mktviews Daily Nifty View (16/12/2011)

Expect Nifty to open on a flattish note. May consolidate & trade rangebound 4746-4798 till RBI policy announcement.

Now, Nifty Fut needs to cross critical resistance zone 4790-4798 for bounce back upto 4847/4870++. If does not cross 4798, then lower levels of 4710/4670 could be tested.

Key Nifty Futures Levels :

Supports : 4746 & 4704.

Resistances : 4798 & 4839.

Probable Trading Range : 4704 – 4839.

Mktviews Daily Nifty View (15/12/2011)

Expect Markets to open on a negative note following another Sell-Off in the Global markets. Keep an eye on Rupee which has continued to slip further.

Now, Nifty Fut needs to cross critical resistance zone 4728-4735 for bounce back upto 4770/4810++. If does not cross 4735, then lower levels of 4660/4635 could be tested.

Key Nifty Futures Levels :

Supports : 4687 & 4653.
Resistances : 4735 & 4774.
Probable Trading Range : 4653 – 4774.

Mktviews Daily Nifty View (14/12/2011)

Expect Markets to open on a negative note following mixed undertone in Global Markets post US Fed Chairman Ben Bernanke’s comments on US Economy. Watch out for Inflation nos to be announced today

Alert : Rupee hits new Low 53.72 v/s Dollar.

Now, Nifty Fut needs to cross critical resistance zone 4809-4816 for bounce back upto 4857/4890++. If does not cross 4816, then lower levels of 4742/4710 could be tested.

Key Nifty Futures Levels :

Supports : 4774 & 4742.

Resistances : 4816 & 4857.

Probable Trading Range : 4742 – 4857. 

Mktviews Daily Nifty View (13/12/2011)

Nifty View : Nifty Future is facing selling pressure on all rises post weak IIP nos yesterday & Rupee hitting all-time Lows.
4790-4810 is a critical resistance. Expect 4730/4680 is 4810 is not crossed & sustained.
Upside upto 4840/4878 only incase 4810 is broken & sustained on upside.

Mktviews Weekly Nifty Analysis (12/12/2011-16/12/2011)

Last Week, Market sentiment has been dampened on A/c of jittery global markets due to newsflow w.r.t concerns over outcome of EU summit, Policy paralysis by UPA Govt & Logjam in Parliament over FDI in Retail causing Nifty to once again retest sub-4850 levels. 

IIP data to be announced on Monday & Inflation data on Wednesday will provide cues on RBI's likely policy stance at its mid-quarter monetary policy review on Friday. 

Q3 FY12 corporate advance tax payments due on Thursday would be keenly watched as it may provide cues on Q3 results of Companies. 

Nifty Futures is facing selling pressure on all rises & every attempts of pullbacks are faced with strong supply from higher levels & its advisable to REDUCE LONG POSITIONS till Nifty Future crosses & closes above 5058. 

Real panic & price capitulation would set in once Nifty Fut closes below strong support zone of 4819. Breach of 4819 could drift the index to lower levels of 4724/4639. 

  

Small Pullback upto 5166/5279 would be witnessed only if critical resistance area of 5039-5058 is crossed & Nifty Fut closes above it. 

If fails to cross abv 5058, will be in a trading range 4819-5058. 

Regards,
Team Market View Investments.
9987750901.
Disclaimer : As equity traders/Advisors We, our relatives and friends may have position in the stocks suggested by us. We are individuals and dont belong to any brokerage house or company. All Recommendations are based on technical and/or fundamental analysis and/or Personal observations. Trading in stock markets involves risk . We give Recommendations, opinions or suggestions with the understanding that readers acting on this information take in to account all risks involved with market. Acting on the basis of views expressed here is the sole responsibility of the reader. No responsibility will be assumed by the authors for the consequences what so ever, resulting out of acting on these recommendations. The information herein, together with all estimates and forecasts, can change with/without notice depending on the Market Conditions.

Mktviews Daily Nifty View (09/12/2011)

Nifty Fut has critical resistance @ 4920-4925 area. Expect upside upto 4960/4990 only if its crossed & sustained.
BUT If 4925 is not crossed & sustained, Expect minimum 4827 & 4803.

Mktviews Daily Nifty View (08/12/2011)

Expect Markets to open on a flat note in-line with Global Markets.  

Now, 5017-5022 is a crucial support level which needs to be held for witnessing any small pullback upto 5130++ zone.

If crosses & sustains abv 5130, then further short-covering upto 5180/5204 is on cards.

If  breaks & sustains below 5017, could witness fall upto 4976/4938.

Key Nifty Futures Levels :

Supports : 5019 & 4985.

Resistances : 5084 & 5129.

Probable Trading Range : 4985 – 5129. 

Mktviews Daily Nifty View (07/12/2011)

Expect Markets to open on a flat note (compared to Monday’s Closing) following flat to positive global markets.

Now, Nifty Fut needs to cross critical resistance zone 5089-5094 for bounce back upto 5129/5155. If does not cross 5094, then lower levels of 5010/4960 could be tested.

Key Nifty Futures Levels :

Supports : 5035 & 5008.

Resistances : 5094 & 5126.

Probable Trading Range : 5008 – 5126. 

Mktviews Weekly Nifty Analysis (05/12/2011-09/12/2011)

Markets are poised crucially after Huge Short-Covering triggered a 450 pts pullback in Nifty from previous week's low of 4630 Zone. 

Sustainability of this upmove at higher levels may prove difficult as the rally has been backed by low volumes & hence Markets may take a breather & witness side-ways movement. 

Outcome of Euro Summit on 9th Dec would be very important trigger for Global markets. 

Going Forward, Further Pullback upto 5290/5360 would be witnessed only if critical resistance area of 5168-5186 is crossed & Nifty Future closes above it but Use the upmove to reduce longs on every rise till 5186 is crossed. 

If fails to cross above 5186, Will be in a Trading Range 4968-5186. Strong Support lies @ 4968-4976 & Selling pressure would intensify upto 4865/4749 only if Nifty Fut breaches & close below 4968. 

Regards,
Team Market View Investments.
9987750901.
 Disclaimer : As equity traders/Advisors We, our relatives and friends may have position in the stocks suggested by us. We are individuals and dont belong to any brokerage house or company. All Recommendations are based on technical and/or fundamental analysis and/or Personal observations. Trading in stock markets involves risk . We give Recommendations, opinions or suggestions with the understanding that readers acting on this information take in to account all risks involved with market. Acting on the basis of views expressed here is the sole responsibility of the reader. No responsibility will be assumed by the authors for the consequences what so ever, resulting out of acting on these recommendations. The information herein, together with all estimates and forecasts, can change with/without notice depending on the Market Conditions.

Mktviews Daily Nifty View (02/12/2011)

Nifty Futures has an very important support around 4932-4935 area. If holds 4932, Expect upside upto 4990/5023.
If breaks & sustains below 4932, expect 4885/4850 to be retested.

Mktviews Daily Nifty View (29/11/2011)

Expect Markets to open on a flat note in-line with Asian Markets.
Post Huge Short-Covering move yesterday, Nifty Fut needs to cross critical resistance zone 4889-4898 for bounce back upto 4939/4971. If does not cross 4898, then lower levels of 4832/4803 could be retested.

Key Nifty Futures Levels :

Supports : 4853 & 4819.
Resistances : 4898 & 4939.
Probable Trading Range : 4819 – 4939.

Mktviews Daily Nifty View (28/11/2011)

Expect Markets to open on a positive note in-line with Global Markets.

Now, 4735-4738 is a decent support area.

If holds 4735, expect small pullback upto 4809/4832 area.  

If  breaks & sustains below 4735, could witness fall upto 4696/4652.

Key Nifty Futures Levels :

Supports : 4735 & 4706.

Resistances : 4798 & 4832.

Probable Trading Range : 4706 – 4832. 

Mktviews Daily Nifty View (24/11/2011)

Expect Markets to open on a negative note following another Sell-Off in the US markets.

Now For any small pullback in Nifty Fut post 600 points cut ( 5230 to 4630 ) upto 4780/4819, Nifty Fut needs to cross critical resistance zone 4735-4746. If does not cross 4746, then lower levels of 4610/4561 could be tested.

Key Nifty Futures Levels :

Supports : 4663 & 4630.

Resistances : 4746 & 4770.

Probable Trading Range : 4630 – 4770.

Note : Movements will be highly volataile & choppy on A/c of F&O Expiry today. Trade safe. 

 

Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
Facebook : www.facebook.com/mktviews.

Never Forget : There are no Speed Limits on the Road to Excellence !!!

Mktviews Daily Nifty View (23/11/2011)

Expect Markets to open on a negative note following Global Markets on A/c of Lower US GDP data.

Nifty Fut needs to cross critical resistance zone 4782-4790 for small bounce back upto 4829/4854. If does not cross 4790, then lower levels of 4705/4675 could be tested.

Key Nifty Futures Levels :

Supports : 4735 & 4705.

Resistances : 4790 & 4831.

Probable Trading Range : 4705 – 4831.

Mktviews Daily Nifty View (22/11/2011)

Expect Markets to open on a flat to positive note in-line with Asian Markets. Keep an eye on Rupee which has even breached the 52 Mark to a Dollar.

Nifty Fut needs to cross critical resistance zone 4839-4846 for bounce back upto 4891/4920. If does not cross 4846, then lower levels of 4775/4735 could be retested. 

Key Nifty Futures Levels :

Supports : 4792 & 4760.

Resistances : 4846 & 4891.

Probable Trading Range : 4760 – 4891. 

Mktviews Daily Nifty View (21/11/2011)

Expect Markets to open on a negative note in-line with Asian Markets.

Nifty Fut needs to cross critical resistance zone 4889-4898 for bounce back upto 4939/4971. If does not cross 4898, then lower levels of 4824/4803 could be retested.

Key Nifty Futures Levels :

Supports : 4853 & 4819.

Resistances : 4898 & 4939.

Probable Trading Range : 4819 – 4939. 

Mktviews Weekly Nifty Analysis (21/11/2011-25/11/2011)

Global weakness persisting on A/c of fears of European Debt problems percolating to US banks had led to sell-off amongst all Global Markets. 

Rupee is falling heavily & has hit 51.3 v/s Dollar which has intensified the selling pressure & weakened the market sentiment tremendously. 

All time Low of Rupee i.e 51.67 was hit on 2nd March 2009 & 51.3 is not far away from it. Last time when Rupee traded at 51.67, Nifty was trading at sub-2600 levels. 

Nifty Futures is facing selling pressure on all rises & every attempts of pullbacks are faced with strong supply from higher levels & its advisable to REDUCE LONG POSITIONS till Nifty Future crosses & closes above 5058. 

Real panic & price capitulation would set in once Nifty Fut closes below strong support zone of 4819. Breach of 4819 could drift the index to lower levels of 4724/4639. 

  

Small Pullback upto 5166/5279 would be witnessed only if critical resistance area of 5039-5058 is crossed & Nifty Fut closes above it. 

If fails to cross abv 5058, will be in a trading range 4819-5058. 
 

Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
Facebook : www.facebook.com/mktviews.

Never Forget : There are no Speed Limits on the Road to Excellence !!!

Mktviews Daily Nifty View (17/11/2011)

Expect markets to open Negative in-line with Global Mkts post crack in US mkts after Fitch signaled trouble for US Banks incase European debt worries worsens further.  

Now Nifty Fut needs to cross critical resistance zone 5055-5063 for bounce back upto 5128/5154. If does not cross 5063, then lower levels of 4975/4937 could be retested.

Probable Trading Range : 4975 – 5128. 

Mktviews Daily Nifty View (15/11/2011)

Expect markets to open Positive in-line with Global Markets.

Post Intense selling pressure yesterday from 5250 area to 5150,

Now Nifty Futures has developed critical resistance 5144-5159 area and needs to cross & sustains above it for bounce back upto 5235/5260. If does not cross 5159, then lower levels of 5076/5040 could be retested.

Key Nifty Futures Levels :

Supports : 5105 & 5068.

Resistances : 5158 & 5196.

Probable Trading Range : 5068 – 5196.

 

Regards,
Team Market View Investments. 
Mo : 9987750901. 
Visit www.mktviews-nifty50.blogspot.com
Facebook : www.facebook.com/mktviews. 

Never Forget : Our NATURE is our FUTURE !!!

Mktviews Weekly Nifty Analysis (14/11/2011-18/11/2011)

Last Week, Market Sentiment got dampened on A/c of increase in Eurozone troubles with Italy being the New Debt Champion, Moody's downgrading the Indian Banking system & Sept IIP growth slumping to 2 Year Low. 

Further Fuel price Hike cannot be ruled out on 16th Nov meeting of OMC's due to continouous rupee deprieciation & rising crude prices. This inturn could fuel Inflation further & has a direct co-relation with Growth and Fiscal Deficit which may even be raised beyond 5% vs 4.6% projected earlier. 

Even Q2 results which reported hit in corporate profits due to High Interest cost pressures & Forex Loss have extended the selling pressure. 

Avoid Bottom Fishing & Reduce Long Positions on all rises as further fall is likely. 

Small Pullback upto 5420/5504 would be witnessed only if critical resistance area of 5290-5309 is crossed & Nifty Fut closes above it. 
If fails to cross abv 5309, will be in a trading range 5109-5309. 

Strong support lies @ 5110-5115 & Selling pressure would intensify upto 5003/4937 only if Nifty Fut breaches & closes below 5109. 

Mktviews Daily Nifty View (11/11/2011)

Expect markets to open Positive in-line with Global Counterparts but Negative w.r.t Wednesday closing to factor in cut in US markets on Wednesday.

5208-5227 is a critical resistance which if crossed may trigger short-covering upto 5280/5310. If does not cross 5227, then may retest support zone of 5110 again.

Key Nifty Futures Levels :

Supports : 5157 & 5128.

Resistances : 5208 & 5239.

Probable Trading Range : 5128-5239. 

 

Mktviews Daily Nifty View (09/11/2011)

Expect markets to open Positive in-line with Global Counterparts.

If holds 5312 & crosses / sustains above 5356, expect pullback upto 5389/5420.

If  breaks & sustains below 5312, could witness fall upto 5278/5230 area.

Key Nifty Futures Levels :

Supports : 5312 & 5278.

Resistances : 5356 & 5389

Probable Trading Range : 5278-5389. 

 

Mktviews Weekly Nifty Analysis (08/11/2011-11/11/2011)

Markets are crucially poised after closing 1% negative on a weekly basis post rangebound trading admist high volataility on A/c of Ongoing Greek Drama, Fuel price hike, Weakening Rupee & Inflation persisting at higher levels. 

Comments by World Leaders on the recently concluded G20 summit would be keenly awaited & could provide a decisive trigger for Global Markets. 

Markets are displaying reluctance to cross & sustain abv 5380 or break 5220 as selling pressure is witnessed on all rises & buying support is emerging at lower levels resulting in Nifty to oscillate between 5200-5400 range with Highest Open Interest built up in 5200 PE & 5400 CE. 

Further Pullback upto 5490/5560 would be witnessed only if critical resistance area of 5376-5395 is crossed & Nifty Fut closes above it. 
If fails to cross abv 5395, will be in a trading range 5184-5395. 

Strong support lies @ 5185-5195 & Selling pressure would intensify upto 5060/4937 only if Nifty Fut breaches & closes below 5184. 

Mktviews Daily Nifty View (04/11/2011)

Expect markets to open Positive in-line with Global Counterparts after Greece dropped voting on its Financial Rescue plan & European Central Bank unexpectedly lowered Interest Rates. 

Now Nifty Fut needs to cross critical resistance zone 5365-5369 for bounce back upto 5398/5424. If does not cross 5369, then lower levels of 5314/5279 could be retested. 

Key Nifty Futures Levels : 

Supports : 5324 & 5295. 

Resistances : 5369 & 5398. 

Probable Trading Range : 5295 – 5398.

 

Regards,
Team Market View Investments. 
Mo : 9987750901. 
Visit www.mktviews-nifty50.blogspot.com
Facebook : www.facebook.com/mktviews. 

Mktviews Daily Nifty View (02/11/2011)

Expect Gap Down Opening following another 2-3% cut in all Global Markets on A/c of Greek Referendum on EU Bailout.

If holds 5219 & sustains above 5265, expect pullback upto 5299/5329.

If  breaks & sustains below 5219, could witness fall upto 5175/5153.

Key Nifty Futures Levels :

Supports : 5219 & 5190.

Resistances : 5265 & 5298.

Probable Trading Range : 5190 – 5298. 

Mktviews Daily Nifty View (01/11/2011)

Expect markets to open on Negative Note following Negative US Markets & mixed Asian Markets.

Now Nifty Fut needs to cross critical resistance zone 5353-5367 for bounce back upto 5410/5430. If does not cross 5367, then lower levels of 5290/5267 could be retested.

Key Nifty Futures Levels :

Supports : 5309 & 5267.

Resistances : 5367 & 5396.

Probable Trading Range : 5267 – 5396.

Mktviews Weekly Nifty Analysis (31/10/2011-04/10/2011)

Markets have staged a fantastic upmove of approx 400 pts (5000 to 5400) in a fortnight & have closed at weekly high backed by strong Global cues & Huge Short covering.

As the rally in last 2 days was too swift & on the back of heavy short-covering, Markets could now take a breather & Nifty Future may trade sideways & retrace upto 5305-5310 area once & only if it holds, bounce back upto 5480-5500 area could be witnessed.

Going Forward, Further Pullback upto 5618/5730 would be witnessed if Critical Resistance area 5490-5506 is crossed & Nifty Fut closes above it.

If does not cross 5506, Nifty Futures may trade in trading range 5305-5506.

Strong support lies @ 5306-5310 & Selling pressure would be witnessed upto 5196/5076 on break & close below 5305.

Regards,
Team Market View Investments.
9987750901.

Disclaimer : As equity traders/Advisors We, our relatives and friends may have position in the stocks suggested by us. We are individuals and dont belong to any brokerage house or company. All Recommendations are based on technical and/or fundamental analysis and/or Personal observations. Trading in stock markets involves risk . We give Recommendations, opinions or suggestions with the understanding that readers acting on this information take in to account all risks involved with market. Acting on the basis of views expressed here is the sole responsibility of the reader. No responsibility will be assumed by the authors for the consequences what so ever, resulting out of acting on these recommendations. The information herein, together with all estimates and forecasts, can change with/without notice depending on the Market Conditions.

Mktviews Daily Market View (25/10/2011)

Explain Markets to open flattish following mixed global peers. Nifty Fut would consolidate & trade rangebound 5090-5144 in 1st half with mixed bias till RBI policy is announced. Expect movements throughout the day to be extremely volatile & choppy on A/c of F&O expiry too.

Now 5085-5090 is a decent support area.

If holds 5085 & sustains above 5144, expect pullback upto 5185/5210++ area.

If  breaks & sustains below 5085, could witness fall upto 5035/4997.

Key Nifty Futures Levels :

Supports : 5085 & 5045.

Resistance : 5144 & 5174.

Probable Trading Range : 5045 - 5174

Mktviews Daily Market View (24/10/2011)

Expect markets to open higher in-line with Positive Global Markets.

Post trading range-bound 5015-5160 in entire last week,

Now 5088-5103 is a decent support area.

If holds 5088 & sustains above 5139, expect pullback upto 5165++ area.

If  breaks & sustains below 5088, could witness fall upto 5053/5015.

Key Nifty Futures Levels :

Supports : 5103 & 5068.

Resistances : 5139 & 5166.

Probable Trading Range : 5065 - 5166 

Mktviews Weekly Nifty Analysis (24/10/2011-28/10/2011)

Market Sentiment is likely to remain cautious & volataile due to F&O expiry & RBI policy in a 3-day truncated trading week.

RBI policy meet on 25^th Oct would be a key trigger as to whether it gives preference for sustaining growth or tighten rates further to tame rising Inflation.

Rupee breaking below 50/$ mark is a major cause of worry.

Nifty Futures displayed displayed reluctance to cross & sustain above 5150 or break below 5025 as selling pressure was witnessed on all rises & buying support emerged at lower levels resulting in Nifty to oscillate between 5025-5165 range with highest open Interest built up in 5000 Put Option & 5200 Call Option.

Going Forward, Pullback upto 5290/5360 would be witnessed only if Critical Resistance area 5168-5186 is crossed & Nifty Fut closes above it.

If does not cross 5186, Nifty Futures may trade in trading range 5015-5186.

Strong support lies @ 5015-5025 & Selling pressure would intensify upto 4904/4849 on break & close below 5015. 

Regards, Team Market View Investments. Mo : 9987750901. Visit www.mktviews-nifty50.blogspot.com Facebook : www.facebook.com/mktviews. Never Forget : Our NATURE is our FUTURE !!!

Mktviews Daily Market View (21/10/2011)

Expect Markets to open flattish following Mixed Global peers.

Now 5075-5080 is a crucial support level which needs to be held for witnessing any small pullback upto 5140 zone. If crosses & sustains above 5140, then further short-covering upto 5180/5204 is on the cards.

If  breaks & sustains below 5075, could witness fall upto 5040/5005.

Key Nifty Futures Levels :

Supports : 5075 & 5035.

Resistances : 5126 & 5149.

Probable Trading Range : 5035 – 5149. 

Mktviews Daily Market View (20/10/2011)

Expect markets to open Negative following Weak Global Markets.

Post Opening, Now 5073-5093 is a decent support area.

If holds 5073 & sustains above 5114, expect small pullback once again upto 5140/5160.

If  breaks & sustains below 5073, could witness fall upto 5025/4997.

Key Nifty Futures Levels :

Supports : 5073 & 5035.

Resistances : 5114 & 5139.

Probable Trading Range : 5005 – 5135. 

Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
Facebook : www.facebook.com/mktviews.

Never Forget : Our NATURE is our FUTURE !!!

Mktviews Daily Market View (19/10/2011)

Expect markets to open in Green inline with Positive Global peers.

Post 150 point cut in Nifty in Last 2 days following sharp cuts in Global Markets,

Now 5053-5056 is a decent support area.

If holds 5053 & sustains above 5094, expect a small pullback upto 5124/5146.

If  breaks & sustains below 5053, could witness fall upto 5005/4967.

Key Nifty Futures Levels :

Supports : 5053 & 5005.

Resistances : 5094 & 5135.

Probable Trading Range : 5005 – 5135. 

Mktviews Daily Market View (18/10/2011)

Expect markets to open Negative in-line with Global Counterparts following increasing worries about Euro-Zone Debt crisis.

Nifty yesterday could not cross 5184 & faced selling pressure on all rises, thereby retesting support zone 5085.

Now Nifty Fut needs to cross critical resistance zone 5085-5099 for bounce back upto 5146/5180. If does not cross 5099, then lower levels of 4985/4937 could be retested.

Key Nifty Futures Levels :

Supports : 5053 & 5007.

Resistances : 5085 & 5119.

Probable Trading Range : 5007 – 5119.


Regards,
Team Market View Investments.
 9987750901.

Mktviews Daily Market View (17/10/2011)

Expect Markets to open on a positive Note in-line with global counterparts.
Nifty Futures may witness further pullback upto 5240/5265 if it holds 5136 & crosses & sustains above critical resistance 5184-5194.
If  breaks & sustains below 5136, could re-test support zone 5080-5085 & sustaining below which could slide upto 5053/5005 once again.


Key Nifty Futures Levels :

Supports : 5136 & 5097.
Resistances : 5194 & 5232.
Probable Trading Range : 5097 – 5232.

Regards,
Team Market View Investments.
9987750901

Mktviews Weekly Nifty Analysis (17/10/2011-21/10/2011)

Last Week, Decent Pullback was witnessed from 4900 to 5150 levels & markets closed at a weekly high followed by Short-Covering & selective buying support at Lower Levels post encouraging Infosys Q2 results.  Stock Specific action may be witnessed as major large-cap earnings (Hdfc, Tcs, Hero Motocorp, Hcl Tech, Bajaj-Auto, Hdfc Bank, LT & Axis Bank) trickle in throughout the week.  Going Forward, If Nifty Fut holds 5053 & crosses resistance zone of 5212-5232 with Volumes, Further pullback upto 5324/5484 can be witnessed.  But If fails to cross abv 5232, will be in a trading range 5053-5232.  Strong Support lies @ 5053-5060.  If it breaks & closes below 5053, may touch 4937/4845.

Regards,
Team Market View Investments. 
Mo : 9987750901. 
Visit www.mktviews-nifty50.blogspot.com
Facebook : www.facebook.com/mktviews. 

Never Forget : Our NATURE is our FUTURE !!!