Mktviews Weekly Nifty Analysis (31/10/2011-04/10/2011)

Markets have staged a fantastic upmove of approx 400 pts (5000 to 5400) in a fortnight & have closed at weekly high backed by strong Global cues & Huge Short covering.

As the rally in last 2 days was too swift & on the back of heavy short-covering, Markets could now take a breather & Nifty Future may trade sideways & retrace upto 5305-5310 area once & only if it holds, bounce back upto 5480-5500 area could be witnessed.

Going Forward, Further Pullback upto 5618/5730 would be witnessed if Critical Resistance area 5490-5506 is crossed & Nifty Fut closes above it.

If does not cross 5506, Nifty Futures may trade in trading range 5305-5506.

Strong support lies @ 5306-5310 & Selling pressure would be witnessed upto 5196/5076 on break & close below 5305.

Regards,
Team Market View Investments.
9987750901.

Disclaimer : As equity traders/Advisors We, our relatives and friends may have position in the stocks suggested by us. We are individuals and dont belong to any brokerage house or company. All Recommendations are based on technical and/or fundamental analysis and/or Personal observations. Trading in stock markets involves risk . We give Recommendations, opinions or suggestions with the understanding that readers acting on this information take in to account all risks involved with market. Acting on the basis of views expressed here is the sole responsibility of the reader. No responsibility will be assumed by the authors for the consequences what so ever, resulting out of acting on these recommendations. The information herein, together with all estimates and forecasts, can change with/without notice depending on the Market Conditions.

Mktviews Daily Market View (25/10/2011)

Explain Markets to open flattish following mixed global peers. Nifty Fut would consolidate & trade rangebound 5090-5144 in 1st half with mixed bias till RBI policy is announced. Expect movements throughout the day to be extremely volatile & choppy on A/c of F&O expiry too.

Now 5085-5090 is a decent support area.

If holds 5085 & sustains above 5144, expect pullback upto 5185/5210++ area.

If  breaks & sustains below 5085, could witness fall upto 5035/4997.

Key Nifty Futures Levels :

Supports : 5085 & 5045.

Resistance : 5144 & 5174.

Probable Trading Range : 5045 - 5174

Mktviews Daily Market View (24/10/2011)

Expect markets to open higher in-line with Positive Global Markets.

Post trading range-bound 5015-5160 in entire last week,

Now 5088-5103 is a decent support area.

If holds 5088 & sustains above 5139, expect pullback upto 5165++ area.

If  breaks & sustains below 5088, could witness fall upto 5053/5015.

Key Nifty Futures Levels :

Supports : 5103 & 5068.

Resistances : 5139 & 5166.

Probable Trading Range : 5065 - 5166 

Mktviews Weekly Nifty Analysis (24/10/2011-28/10/2011)

Market Sentiment is likely to remain cautious & volataile due to F&O expiry & RBI policy in a 3-day truncated trading week.

RBI policy meet on 25^th Oct would be a key trigger as to whether it gives preference for sustaining growth or tighten rates further to tame rising Inflation.

Rupee breaking below 50/$ mark is a major cause of worry.

Nifty Futures displayed displayed reluctance to cross & sustain above 5150 or break below 5025 as selling pressure was witnessed on all rises & buying support emerged at lower levels resulting in Nifty to oscillate between 5025-5165 range with highest open Interest built up in 5000 Put Option & 5200 Call Option.

Going Forward, Pullback upto 5290/5360 would be witnessed only if Critical Resistance area 5168-5186 is crossed & Nifty Fut closes above it.

If does not cross 5186, Nifty Futures may trade in trading range 5015-5186.

Strong support lies @ 5015-5025 & Selling pressure would intensify upto 4904/4849 on break & close below 5015. 

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 !!!

Mktviews Daily Market View (21/10/2011)

Expect Markets to open flattish following Mixed Global peers.

Now 5075-5080 is a crucial support level which needs to be held for witnessing any small pullback upto 5140 zone. If crosses & sustains above 5140, then further short-covering upto 5180/5204 is on the cards.

If  breaks & sustains below 5075, could witness fall upto 5040/5005.

Key Nifty Futures Levels :

Supports : 5075 & 5035.

Resistances : 5126 & 5149.

Probable Trading Range : 5035 – 5149. 

Mktviews Daily Market View (20/10/2011)

Expect markets to open Negative following Weak Global Markets.

Post Opening, Now 5073-5093 is a decent support area.

If holds 5073 & sustains above 5114, expect small pullback once again upto 5140/5160.

If  breaks & sustains below 5073, could witness fall upto 5025/4997.

Key Nifty Futures Levels :

Supports : 5073 & 5035.

Resistances : 5114 & 5139.

Probable Trading Range : 5005 – 5135. 

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 !!!

Mktviews Daily Market View (19/10/2011)

Expect markets to open in Green inline with Positive Global peers.

Post 150 point cut in Nifty in Last 2 days following sharp cuts in Global Markets,

Now 5053-5056 is a decent support area.

If holds 5053 & sustains above 5094, expect a small pullback upto 5124/5146.

If  breaks & sustains below 5053, could witness fall upto 5005/4967.

Key Nifty Futures Levels :

Supports : 5053 & 5005.

Resistances : 5094 & 5135.

Probable Trading Range : 5005 – 5135. 

Mktviews Daily Market View (18/10/2011)

Expect markets to open Negative in-line with Global Counterparts following increasing worries about Euro-Zone Debt crisis.

Nifty yesterday could not cross 5184 & faced selling pressure on all rises, thereby retesting support zone 5085.

Now Nifty Fut needs to cross critical resistance zone 5085-5099 for bounce back upto 5146/5180. If does not cross 5099, then lower levels of 4985/4937 could be retested.

Key Nifty Futures Levels :

Supports : 5053 & 5007.

Resistances : 5085 & 5119.

Probable Trading Range : 5007 – 5119.


Regards,
Team Market View Investments.
 9987750901.

Mktviews Daily Market View (17/10/2011)

Expect Markets to open on a positive Note in-line with global counterparts.
Nifty Futures may witness further pullback upto 5240/5265 if it holds 5136 & crosses & sustains above critical resistance 5184-5194.
If  breaks & sustains below 5136, could re-test support zone 5080-5085 & sustaining below which could slide upto 5053/5005 once again.


Key Nifty Futures Levels :

Supports : 5136 & 5097.
Resistances : 5194 & 5232.
Probable Trading Range : 5097 – 5232.

Regards,
Team Market View Investments.
9987750901

Mktviews Weekly Nifty Analysis (17/10/2011-21/10/2011)

Last Week, Decent Pullback was witnessed from 4900 to 5150 levels & markets closed at a weekly high followed by Short-Covering & selective buying support at Lower Levels post encouraging Infosys Q2 results.  Stock Specific action may be witnessed as major large-cap earnings (Hdfc, Tcs, Hero Motocorp, Hcl Tech, Bajaj-Auto, Hdfc Bank, LT & Axis Bank) trickle in throughout the week.  Going Forward, If Nifty Fut holds 5053 & crosses resistance zone of 5212-5232 with Volumes, Further pullback upto 5324/5484 can be witnessed.  But If fails to cross abv 5232, will be in a trading range 5053-5232.  Strong Support lies @ 5053-5060.  If it breaks & closes below 5053, may touch 4937/4845.

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 !!!

Mktviews Daily Market View (14/10/2011)

Expect markets to open Negative following Negative Global Markets.

As expected, Nifty Yesterday could not cross 5156 & faced selling pressure on all rises, thereby retesting support zone 5065-5070.

Now, Nifty Futures needs to cross critical resistance 5075-5090 for a bounce back upto 5136/5170++.

If does not cross 5090, then 4965/4937 could be tested.

Key Nifty Futures Levels :

Supports : 5026 & 5003.

Resistances : 5084 & 5113.

Probable Trading Range : 5003 – 5113.

Regards, Team Market View Investments.
9987750901.
 Disclaimer : As equity traders/Advisors We, our relatives and friends may have position in the stocks suggested by us. We are individuals and dont belong to any brokerage house or company. All Recommendations are based on technical and/or fundamental analysis and/or Personal observations. Trading in stock markets involves risk . We give Recommendations, opinions or suggestions with the understanding that readers acting on this information take in to account all risks involved with market. Acting on the basis of views expressed here is the sole responsibility of the reader. No responsibility will be assumed by the authors for the consequences what so ever, resulting out of acting on these recommendations. The information herein, together with all estimates and forecasts, can change with/without notice depending on the Market Conditions.

Nifty Trade 1 (13/10/2011)

 Short Nifty @ 5125 SL 5145 Tgt 5100, 5075.

Mktviews Daily Market View (13/10/2011)

Post Huge Short-Covering in last 3 days from 4900 to 5100 levels, Expect Markets to take a breather consolidate & trade range-bound between 5090-5156 & further short-covering upto 5194/5218 can be expected if resistance zone 5149-5156 is crossed. If does not cross 5156, then 5056/5010 could be tested.

Key Nifty Futures Levels :

Supports : 5106 & 5056.

Resistances : 5156 & 5194.

Probable Trading Range : 5056 – 5194.

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 !!!

Mktviews Daily Market View (12/10/2011)

Expect Markets to open on a Positive Note following Mixed Global Counterparts.  

Nifty Fut would consolidate between 4974-5027 in 1^st Half till IIP data is announced today.

Now 5024-5029 is a critical resistance which if crossed may trigger short-covering upto 5064/5085. If does not cross 5029, then 4937/4890 could be re-tested.

Key Nifty Futures Levels :

Supports : 4965 & 4937.

Resistances : 5029 & 5064.

Probable Trading Range : 4937 – 5064.

Nifty Trade 1 (11/10/2011)

Short Nifty Future @ 5045 SL 5063 Tgt 5000, 4965. 

Mktviews Daily Market View (11/10/2011)

Expect Markets to open on a Positive Note in-line with Global Counterparts.  

Though Over-all trend remains bearish, Nifty Fut may demonstrate a small pullback with few dips in between.

Post Huge Short-Covering Yesterday, now 5058-5065 is a critical resistance which if crossed may trigger further short-covering upto 5094/5125. If does not cross 5065, then 4965/4935 could be tested.

Key Nifty Futures Levels :

Supports : 5008 & 4976.

Resistances : 5065 & 5094.

Probable Trading Range : 4976 – 5094.

Nifty Trade 1 (10/10/2011)

Buy Nifty @ 4905 SL 4885 Tgt 4938, 4960

Mktviews Daily Market View (10/10/2011)

Expect Markets to open on a Flattish to Positive Note following Asian Peers trading mixed.  

Nifty Futures would consolidate between 4885-4940 in 1^st Half.

4928-4940 is a critical resistance which if crossed may trigger short-covering upto 4982/5004. If does not cross 4940 & breaks 4885 with volumes, then support zone of 4819/4785 could be tested.

Key Nifty Futures Levels :

Supports : 4884 & 4844.

Resistances : 4936 & 4969.

Probable Trading Range : 4844 – 4969.

Mktviews Weekly Nifty Analysis (10/10/2011-14/10/2011)

Last Week, Market Sentiment had been dampened in 1st half of the week following De-Rating of SBI by Moody's over its deteriorating asset quality causing Nifty to once again re-test sub-4700 twice & then on friday bounced back to 4900 levels on A/C of relief rally in Global Markets on Wed & Thursday. 

Markets are poised crucially after trading rangebound in last few weeks & clear trend is likely to emerge this week with 3 I's namely Infosys Q2 results & IIP dats on 12th Oct and Inflation data on 14th Oct. 

Also keep an eye on Telecom Sector Stocks as Telecom Minister Kapil Sibal will unveil a draft of Government's new National Telecommunications Policy on Monday, 10th Oct 2011. 

Nifty Future faces critical resistance around 4984-5004 area. 

Further Pullback upto 5098/5165 would be witnessed only if 5004 is crossed & Nifty Fut closes above it. 

If fails to cross abv 5004, will be in a trading range 4774-5004. 

Strong Support lies @ 4776-4780 as Nifty has bounced several times from sub-4750 area & Panic selling upto 4561 / 4365 could be witnessed if this this time Nifty Fut breaches & closes below 4774. 

Regards,
Team Market View Investments. 
Mo : 9987750901. 
Visit www.mktviews-nifty50.blogspot.com

Yahoo Online Support : Marketview@ymail.com

Yahoo Groups : http://in.groups.yahoo.com/group/mktviews

For Disclaimer, Please Visit : http://mktviews-nifty50.blogspot.com/2010/08/disclaimer.html

Mktviews Daily Market View (07/10/2011)

Expect Markets to open Gap-Up following pullback in Global Markets in Last 2 days. 

Post Opening 4870-4880could provide decent support. 

Only if holds 4870 & crosses 4938, expect this pullback to continue upto 4980/5027 area. 

If breaks & sustains below 4870, could retest levels of 4809/4779. 

Key Nifty Futures Levels :

Supports : 4870 & 4834.

Resistances : 4926 & 4954.

Probable Trading Range : 4834 – 4954.

Mktviews Weekly Nifty Analysis (03/10/2011-07/10/2011)

Global Weakness on A/C of uncertainty over Greece Bail-Out & Bad US Economic Data dettered chances of any meaningful pullback in Nifty which could have resulted in a cross-over above 5050 levels as Selling pressure is witnessed from higher levels. 

Negative News-Flow from the political front as well as High Inflation Numbers have added to the woes. 

Higher Trade Deficit numbers announced on Friday may negatively impact our Markets going Forward. 

On the Global Front, US Fed Chairman Ben Bernanke will testify regarding America's Economic Outlook as well as Financial Markets on 4th October and his comments may determine short term trend for Global Markets. 

Nifty Future faces critical resistance around 5039-5056 area. 

Further Pullback upto 5198/5324 would be witnessed only if 5056 is crossed & Nifty Fut closes above it. 

If fails to cross abv 5056, will be in a trading range 4819-5056. 

Strong Support lies @ 4821-4826 & Selling Pressure would intensify upto 4724/4639 if Nifty Fut breaches & closes below 4819. 

Regards,
Team Market View Investments. 
Mo : 9987750901. 
Visit www.mktviews-nifty50.blogspot.com

Yahoo Online Support : Marketview@ymail.com

Yahoo Groups : http://in.groups.yahoo.com/group/mktviews

For Disclaimer, Please Visit : http://mktviews-nifty50.blogspot.com/2010/08/disclaimer.html