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.
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