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Monday, October 17, 2011

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

1 comment:

  1. Nifty could not cross resistance zone of 5184.
    High 5162.
    As & When broke 5136, Effect ::: 5136 to 5085 !!!
    Book full profits if you have shorted

    ReplyDelete

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