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Friday, October 7, 2011

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.

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