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Friday, June 17, 2011

Mktviews Daily Market View 17/6/2011

Nifty has opened Flat with a Negative bias. Even Asian Counterparts are trading Flat to Negative. Could be a bit bearish in 1st Half but could find support around 5358-5372 from where small bounces may be expected post Europe opening which may be positive.

Nifty Fut would find support @ 5374 & 5341.
Upside Resistance could be capped @ 5419 & 5449.
Probable Trading Range 5341-5449

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Team Market View Investments.
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