Buy Nifty @ 4969 SL 4950 Tgt 4999, 5020
Friday, September 30, 2011
Mktviews Daily Market View 30/9/2011
Expect markets to open Negative following Negative Asian Markets & US markets once again facing intense selling pressure from higher levels.
Post Gap-Down Opening, 5018-5027 is a critical resistance which if crossed may trigger short-covering upto 5084. If does not cross 5027, then support zone 4937/4885 could be retested
Key Nifty Futures Levels :
Supports : 4971 & 4939.
Resistances : 5027 & 5059.
Probable Trading Range : 4939 – 5059.
Thursday, September 29, 2011
Mktviews Daily Market View 29/9/2011
Expect markets to open Negative following Mixed Asian Peers & Dow slipping off nearly 300 pts from day’s high to close at lowest point of the day.
4936-4948 is a critical resistance which if crossed may trigger short-covering upto 4976/4994. If does not cross 4948, then lower levels of 4880/4855 could be retested
Key Nifty Futures Levels :
Supports : 4908 & 4868.
Resistances : 4948 & 4976.
Probable Trading Range : 4868 – 4976.
Trade cautiously as Movements would be very choppy on Account of FnO expiry today.
Wednesday, September 28, 2011
Mktviews Daily Market View 28/9/2011
Post Heavy Short-covering in Last 2 days, Expect Marlets to take a breather, consolidate & trade range-bound 4978-5019 & Further covering upto 5074 can be expected if critical resistance zone 5009-5019 is crossed.
If does not cross & sustain abv 5019, may retest 4936/4910 again.
Key Supports : 4972 & 4936.
Key Resistances : 5019 & 5049.
Probable Trading Range : 4936 - 5049.
Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
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Tuesday, September 27, 2011
Daily Market View 29/7/2011
Expect Markets to open Gap-up following Global Counterparts.
Post Huge-Short Covering Yesterday, Now 4880-4885 may provide decent support.
If holds 4880 & crosses 4935, Expect Further covering upto 4965/4983.
If breaks & sustains below 4880, could witness fall upto 4829/4801.
Key Supports : 4880 & 4855.
Key Resistances : 4935 & 4965.
Probable Trading Range : 4855 - 4965.
Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
Facebook : www.facebook.com/mktviews.
Never Forget : Our NATURE is our FUTURE !!!
Post Huge-Short Covering Yesterday, Now 4880-4885 may provide decent support.
If holds 4880 & crosses 4935, Expect Further covering upto 4965/4983.
If breaks & sustains below 4880, could witness fall upto 4829/4801.
Key Supports : 4880 & 4855.
Key Resistances : 4935 & 4965.
Probable Trading Range : 4855 - 4965.
Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
Facebook : www.facebook.com/mktviews.
Never Forget : Our NATURE is our FUTURE !!!
Monday, September 26, 2011
Daily Pre-Market View 26 Sept 2011
Expect Markets to open on a Flattish Note following flat to Negative Asian Peers.
Nifty Futures would consolidate between 4855-4896 in 1st Half with Negative Bias.
4878-4896 is a critical resistance which if crossed may trigger short-covering upto 4924/4946. If does not cross 4896, then lower levels of 4822/4804 could be retested.
Key Nifty Futures Levels :
Supports : 4856 & 4824.
Resistances : 4896 & 4931.
Probable Trading Range : 4824 – 4931.Regards, Team Market View Investments.
9987750901.
Sunday, September 25, 2011
Mktviews Weekly Nifty Analysis (26/09/2011-30/09/2011)
Global Weakness persisting on Account of Worries over imminent Greece Default & Fed's Gloomy Outlook on US Economy coupled with Dollar appriciation v/s all major global currencies has led to sell-off amongst all Asset Classes including Equities & Commodities worldwide.
Continuous Depriciation in Rupee is putting a lot of pressure on Indian Economy as it directly impacts OIL Imports which inturn could fuel Inflation further & has a direct co-relation with Growth & Fiscal Deficit.
Also Ongoing Developments w.r.t 2G scam would be very crucial.
AVOID BOTTOM FISHING & REDUCE LONG POSITIONS on all rises as some more fall is likely.
Movements would be very choppy & Volataility would be at its peak ahead of F&O expiry on 29 Sept (Thursday).
Going Forward, Critical Resistance lies @ 4976-4992 area. If does not cross 4992, Nifty Futures may fall upto support area of 4765-4778.
Further Panic Selling upto 4643 & 4561 may be triggered on break & close below 4765.
Possible Trading Range : 4765-4992.
Regards,
Team Market View Investments.
Mo : 9987750901.
Visit http://www.mktviews-nifty50.blogspot.com/,
Yahoo Online Support : Marketview@ymail.com,
Never Forget : Our NATURE is our FUTURE !!!
Continuous Depriciation in Rupee is putting a lot of pressure on Indian Economy as it directly impacts OIL Imports which inturn could fuel Inflation further & has a direct co-relation with Growth & Fiscal Deficit.
Also Ongoing Developments w.r.t 2G scam would be very crucial.
AVOID BOTTOM FISHING & REDUCE LONG POSITIONS on all rises as some more fall is likely.
Movements would be very choppy & Volataility would be at its peak ahead of F&O expiry on 29 Sept (Thursday).
Going Forward, Critical Resistance lies @ 4976-4992 area. If does not cross 4992, Nifty Futures may fall upto support area of 4765-4778.
Further Panic Selling upto 4643 & 4561 may be triggered on break & close below 4765.
Possible Trading Range : 4765-4992.
Regards,
Team Market View Investments.
Mo : 9987750901.
Visit http://www.mktviews-nifty50.blogspot.com/,
Yahoo Online Support : Marketview@ymail.com,
Never Forget : Our NATURE is our FUTURE !!!
Friday, September 23, 2011
Thursday, September 22, 2011
Wednesday, September 21, 2011
Tuesday, September 20, 2011
Sunday, September 18, 2011
Mktviews Weekly Nifty Analysis (19/09/2011-23/09/2011)
Markets are crucially poised after closing flat on a weekly basis post rangebound trading admist high volataility on A/c of Weak IIP nos, Petrol price hike, Interest Rate hike by RBI & Weakening Rupee.
Nifty Fut has pulled back from lows of 4910 to 5150 & closed around 5080 levels.
Markets may display reluctance to cross & sustain abv 5200 or break 5000 as selling pressure would be witnessed on all rises & buying support emerging at lower levels resulting in Nifty to oscillate between 5000-5200 range with Highest Open Interest built up in 5000 PE & 5200 CE.
Further Pullback upto 5340/5480 would be witnessed only if critical resistance area of 5198-5218 is crossed & Nifty Fut closes above it.
If fails to cross abv 5218, will be in a trading range 4992-5218.
Strong support lies @ 4992-5005 & Selling pressure would intensify upto 4864/4749 only if Nifty Fut breaches & closes below 4992.
Yahoo Online Support : Marketview@ymail.com
Thursday, September 15, 2011
Tuesday, September 13, 2011
Saturday, September 10, 2011
Mktviews Weekly Nifty Analysis (12/08/2011-16/09/2011)
Fragile Global Markets, Selling Pressure on all rises & Lack of Buying Support @ Lower levels has halted the current Short-Covering Upmove.
RBI policy on 16th Sept would be a key trigger as to whether it gives preferencefor Higher Growth or tightens rates further to tame rising Inflation.
Also Q2FY12 Corporate Advance Tax Payment due on Thursday 15th Sept would be keenly watched as it may provide cues on Q2FY12 results.
What has happened till now was Consolidation & Distribution at higher levels with a Negative Bias, But Closing below 4908 on Nifty Fut would trigger panic Selling Upto 4819/4735.
Critical Resistance Lies @ 5089-5109 levels & Small Pullback upto 5208/5324 would be witnessed incase Nifty Fut manages to close above 5109 with Volumes.
Incase Nifty fails to close abv 5109, would trade in 4908-5109 range. Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
Yahoo Online Support : Marketview@ymail.com
Friday, September 9, 2011
Wednesday, September 7, 2011
Tuesday, September 6, 2011
Monday, September 5, 2011
Sunday, September 4, 2011
Mktviews Weekly Nifty Analysis (05/09/2011-09/09/2011)
Markets are poised crucially after Huge Short-Covering triggered a 350 pts bounce in Nifty from Last Week's Lows.
Sustainability of this upmove at higher levels may prove difficult and hence Markets may take a breather & witness side-ways movement.
Nifty Future is facing critical resistance around 5092-5112 levels which is 38.2% Fibonnaci Retracement of recent fall from 5709 to 4718
(5709-4718*38.2% = 378 & 4718 + 378 =5096).
Further Pullback upto 5208/5324 would be witnessed incase Nifty Fut manages to close abv 5112 with volumes.
Incase Nifty fails to close abv 5112, would trade in 4878-5112 range. Close below 4878 on Nifty Fut could lead to lower levels of 4760/4680
Also Visit this article which is very important for all Serious Nifty Traders :
Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
Yahoo Online Support : Marketview@ymail.com
For Disclaimer, Please Visit : http://mktviews-nifty50.blogspot.com/2010/08/disclaimer.html
Also Visit this article which is very important for all Serious Nifty Traders :
Trade for Profits & Not for Targets ~~ !!! : http://mktviews-nifty50.blogspot.com/2011/08/trade-for-profits-not-for-targets.html
Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
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Friday, September 2, 2011
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