Markets have opened around 0.5-1% negative following Negative Asian Peers & Dow slipping off roughly 150 pts from day's high.
Nifty would consolidate in 1st half with a Negative Bias. 5475-5480 is a decent support. If holds, Expect a bounce back. If does not, then 5420 area may be retested. Nifty Fut would find support @ 5479 & 5449. Upside Resistance would be capped up @ 5519 & 5549. Probable Trading Range 5449 to 5549.
Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
Facebook : www.facebook.com/mktviews
Nifty would consolidate in 1st half with a Negative Bias. 5475-5480 is a decent support. If holds, Expect a bounce back. If does not, then 5420 area may be retested. Nifty Fut would find support @ 5479 & 5449. Upside Resistance would be capped up @ 5519 & 5549. Probable Trading Range 5449 to 5549.
Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
Facebook : www.facebook.com/mktviews
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