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Tuesday, August 16, 2011

Mktviews Daily Market View 16 Aug 2011

Expect Markets to open gap up on account of Positive global markets. Post Opening, Nifty Fut would consolidate in 1st Half & trade rangebound. If Nifty Fut crosses & sustains abv 5215, Expect Short covering upto 5260/5285 if its crossed. If does not cross 5215, may retest support zone of 5130/5095 again.
Nifty Fut would find support @ 5157 & 5123. Upside Resistance would be capped up @ 5191 & 5215. Probable Trading Range 5123-5215.


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Team Market View Investments.
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