Mktviews Daily Nifty View (04/11/2011)

Expect markets to open Positive in-line with Global Counterparts after Greece dropped voting on its Financial Rescue plan & European Central Bank unexpectedly lowered Interest Rates. 

Now Nifty Fut needs to cross critical resistance zone 5365-5369 for bounce back upto 5398/5424. If does not cross 5369, then lower levels of 5314/5279 could be retested. 

Key Nifty Futures Levels : 

Supports : 5324 & 5295. 

Resistances : 5369 & 5398. 

Probable Trading Range : 5295 – 5398.

 

Regards,
Team Market View Investments. 
Mo : 9987750901. 
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