Expect Markets to open gap up on account of Positive global markets. May consolidate & trade rangebound 5168-5198 till IIP data is announced. 5212-5232 is a critical resistance zone. Expect Short covering upto 5298/5340 if its crossed. If does not cross 5232, may retest support zone 5110 again. Weakness upto 5045/4985 if sustains below 5110.
Nifty Fut would find support @ 5167 & 5128. Upside Resistance would be capped up @ 5194 & 5232. Probable Trading Range 5128-5232.
Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
Facebook : www.facebook.com/mktviews
Nifty Fut would find support @ 5167 & 5128. Upside Resistance would be capped up @ 5194 & 5232. Probable Trading Range 5128-5232.
Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
Facebook : www.facebook.com/mktviews
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