Mktviews Weekly Nifty Analysis (01/08/2011-05/08/2011)

Stiff Interest Rate hike by RBI & weak Global Markets led to sustained selling pressure in Indian Markets causing it to close almost at a weekly low. Global Markets including India would witness nervousness ahead of the August 2 deadline for US to raise the debt ceiling. Markets are not sustaining @ higher levels & distribution patterns are visible & hence avoid unhedged over leveraged positions.

Going Forward,
Nifty Fut faces crucial Trendline resistance @ 5565-5585 levels crossing & closing abv which further Momentum would lead to 5785 &  5890.
But, If fails to cross & sustain abv 5585, Will be in a trading range 5335-5585.
Strong support lies @ 5339-5345.
If breaks & closes below 5335, it may touch 5190 & 5076.

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

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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

Nifty Trade 29/7/2011

Short Nifty @ 5505 SL 5525 Tgt 5476, 5450.

Nifty Trade 2 (27/7/2011)

Short Nifty @ 5553 SL 5570 Tgt 5520, 5502 

Nifty Trade 1 (27/7/2011)

Buy Nifty @ 5565 SL 5549 Tgt 5592, 5613

Nifty Trade 26/7/2011

Short Nifty @ 5682 SL 5701 Tgt 5640, 5619, 5590

Nifty Trade 1 (25/7/2011)

Buy Nifty @ 5628 SL 5609 Tgt 5655, 5675

Mktviews Weekly Nifty Analysis (25/07/2011-29/07/2011)

Markets are poised crucially after trading rangebound in last few weeks & clear trend is likely to emerge this week with crucial RBI Policy meet on 27th, F&O expiry on 28th & Important Q1 results of Large-Caps including RIL, NTPC during the week.
Finally Govt's policy paralysis seems to have been broken with proposal for 51% FDI in Multi-Brand Retail being passed & RIL-BP deal being cleared which can be viewed as a Positive Step.
Stay Cautious till Nifty Fut does not cross & sustain above 5750.
Going Forward,
Nifty Fut faces crucial Trendline resistance @ 5735-5752 levels crossing & closing abv which further Momentum would lead to 5855 & 5935.
But, If fails to cross & sustain abv 5752, Will be in a trading range 5535-5752.
Strong support lies @ 5540-5550.
If breaks & closes below 5535, it may touch 5415 & 5305.


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

Mktviews Pre-Market View 22 July 2011

Nifty would open 1% gap-up following Positive Global Markets. If Nifty Fut sustains above 5621, further short-covering may fuel upmove till 5660/5680. If fails to cross 5621, would be rangebound between 5565-5621. Now 5550-5565 would act as strong support for the markets.
Nifty Fut will find support @ 5565 & 5538. Upside Resistance will be capped @ 5621 & 5645. Probable Trading Range 5538-5645.

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

Nifty Trade 20/7/2011

Short Nifty @ 5639/5640 SL 5659 Tgt 5610, 5590.

Mktviews Pre-market View 19 July 2011

Post Flat Opening, Nifty would trade rangebound between 5545-5595.
If does not cross & sustain abv 5609, Nifty could weaken upto 5510 levels. Would be bullish only above 5612.
Nifty Fut will find support @ 5545 & 5517. Upside Resistance will be capped @ 5595 & 5623. Probable Trading Range 5517-5623.

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

Mktviews Pre-market View 18 July 2011

Expect Markets to open on a flattish note. Nifty needs to consolidate above 5565 area & cross 5590 for any meaningful upside. If slides below yesterday's low of 5563, may face intense selling pressure. Nifty Fut will find support @ 5576 & 5538. Upside Resistance will be capped @ 5619 & 5648. Probable Trading Range 5538-5648 Regards, Team Market View Investments. Mo : 9987750901. Visit www.mktviews-nifty50.blogspot.com Facebook : www.facebook.com/mktviews

Mktviews Weekly Nifty Analysis (18/07/2011-22/07/2011)

Mkts shed 1.5% Last Week owing to poor IIP nos, fears of Eurozone Debt Crisis spreading to other Large European Economies & impasse over Debt Ceiling agreement in US.
Markets are trading in a tight range  & displaying reluctance to move above 5700  or even break 5500 with Selling pressure being witnessed on all rises & buying support emerging at lower levels resulting in Nifty to oscillate between 5500-5700 with Highest Open Interest built up in 5700 CE & 5500 PE.
Reduce Long Positions on rises till Nifty Fut does not close above 5690.

Going Forward,
Nifty Fut will face stiff resistance @ 5696-5715 levels crossing & closing abv which further Momentum would lead to 5835 & 5945.
But, If fails to cross & sustain abv 5715, Will be in a trading range 5477-5715.
Strong support lies @ 5480-5485.
If breaks & closes below 5477, it may touch 5365 & 5244.

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

Nifty Trade 2 (15/7/2011)

Sell Nifty @ 5608 SL 5628 Tgt 5579, 5555.

Nifty Trade 1 (15/7/2011)

Buy Nifty @ 5635 SL 5625 Tgt 5665

Nifty Trade 2 (14/7/2011)

Buy Nifty @ 5566 SL 5546 Tgt 5590, 5613

Nifty Trade 14/7/2011

Short Nifty @ 5565 SL 5585 Tgt 5530

Mktviews Pre-Market View 13 July 2011

Expect Markets to open 0.5% higher following stable Asian Markets. After a 200+ pt Cut in last 2 sessions, Can expect some consolidation & small pullback upto 5580-5600. But 5617 will prove to be crucial resistance.
Nifty Fut will find support @ 5520 & 5491. Upside Resistance will be capped @ 5579 & 5617. Probable Trading Range 5491-5617

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

Nifty Trade 11/7/2011

Sell Nifty @ 5650 SL 5665 Tgt 5610, 5590

Mktviews Daily Pre-Market View 11 July

Flat to Negative Opening on cards following weak Global Markets. May witness some very volataile movements today ahead of Infosys results & IIP data tomorrow. 5684 is a critical resistance. May weaken if does not cross & sustain above it.

Nifty Fut will find support @ 5635 & 5609. Upside Resistance will be capped @ 5684 & 5714.
Probable Trading Range 5609-5714.

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

Mktviews Weekly Nifty Analysis (11/07/2011-15/07/2011)

Markets seems to have halted its upmove around 5750 levels (200 DMA) as it displayed its reluctance to cross & close above it on Last 2 days. Hence Selling pressure could be witnessed on all rises & We can expect Nifty to oscillate between 5500-5800 range as highest Open Interest is built up in  5500 Put Option & 5800 Call Option.
Prefer Reducing Longs on rises till Nifty Fut does not cross & close above 5785.
Further Triggers could be provided by Results of Large Cap Companies i.e Infosys & TCS along with IIP nos to be announced on Tuesday.

Going Forward,
Nifty Fut will face stiff resistance @ 5766-5785 levels crossing & closing abv which further Momentum would lead to 5935.
But, If fails to cross & sustain abv 5785, Will be in a trading range 5506-5745.
Strong support lies @ 5535-5785.
If breaks & closes below 5535, it may touch 5415 & 5304.

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

Yahoo Online Support : Marketview@ymail.com

Yahoo Groups : http://in.groups.yahoo.com/group/mktviews

Search for Facebook Group "mktviews" & Join it.

Facebook : www.facebook.com/mktviews

For Recieving the Nifty Levels on Cell Phone,
TYPE a SMS "JOIN mktviews" & Send it to 09219592195

Also Join us on Twitter : http://twitter.com/mktviews.

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.

Nifty Trade 8/7/2011

Short Nifty @ 5744 SL 5761 Tgt 5710, 5680.

Nifty Trade 7/7/2011

Buy Nifty @ 5650 SL 5630 Tgt 5679, 5692

Mktviews Weekly Nifty Analysis (04/07/2011-08/07/2011)

Markets have staged a fantastic upmove of 500 pts (5200 to 5700) in a fortnight backed by Strong Global cues, falling crude prices & huge short-covering.
Avoid initiating fresh longs at this level as Nifty could once again consolidate & trade rangebound between 5506-5745 with a Negative bias.
Action would shift to mid-caps & small-caps now with most large-caps looking exhausted & technical oscillators reaching over-bought zone.
Progress of Monsoon & Upcoming Q1 results would be key triggeres for the Markets now.

Going Forward,
Nifty Fut will face stiff resistance @ 5726-5745 levels crossing & sustaining abv which further Momentum would lead to 5850 & 5934.
But, If fails to cross & sustain abv 5745, Will be in a trading range 5506-5745.
Strong support lies @ 5509-5515.
If breaks & closes below 5506, it may touch 5395 & 5284.

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

Yahoo Online Support : Marketview@ymail.com

Yahoo Groups : http://in.groups.yahoo.com/group/mktviews

Search for Facebook Group "mktviews" & Join it.

Facebook : www.facebook.com/mktviews

For Recieving the Nifty Levels on Cell Phone,
TYPE a SMS "JOIN mktviews" & Send it to 09219592195

Also Join us on Twitter : http://twitter.com/mktviews.

Nifty Trade 1/7/2011

Short Nifty @ 5682 SL 5703 Tgt 5650, 5635*.