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Tuesday, November 22, 2011

Mktviews Daily Nifty View (22/11/2011)


Expect Markets to open on a flat to positive note in-line with Asian Markets. Keep an eye on Rupee which has even breached the 52 Mark to a Dollar.
Nifty Fut needs to cross critical resistance zone 4839-4846 for bounce back upto 4891/4920. If does not cross 4846, then lower levels of 4775/4735 could be retested. 

Key Nifty Futures Levels :

Supports : 4792 & 4760.
Resistances : 4846 & 4891.
Probable Trading Range : 4760 – 4891. 

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