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Wednesday, November 23, 2011

Mktviews Daily Nifty View (23/11/2011)


Expect Markets to open on a negative note following Global Markets on A/c of Lower US GDP data.
Nifty Fut needs to cross critical resistance zone 4782-4790 for small bounce back upto 4829/4854. If does not cross 4790, then lower levels of 4705/4675 could be tested.

Key Nifty Futures Levels :

Supports : 4735 & 4705.
Resistances : 4790 & 4831.
Probable Trading Range : 4705 – 4831.

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