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Wednesday, October 19, 2011

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. 

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