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Friday, October 21, 2011

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. 

1 comment:

  1. Advised in Morning "" SUPPORT ZONE 5075-5080""
    Check the Low 5074.7 !!!!
    5075 was held & Look at the bounce = 5080 --->>> 5124.
    Book partial & Revise SL to 5095.
    Keep enjoying the gains.

    ReplyDelete

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