Mktviews Daily Nifty View (24/11/2011)

Expect Markets to open on a negative note following another Sell-Off in the US markets.

Now For any small pullback in Nifty Fut post 600 points cut ( 5230 to 4630 ) upto 4780/4819, Nifty Fut needs to cross critical resistance zone 4735-4746. If does not cross 4746, then lower levels of 4610/4561 could be tested.

Key Nifty Futures Levels :

Supports : 4663 & 4630.

Resistances : 4746 & 4770.

Probable Trading Range : 4630 – 4770.

Note : Movements will be highly volataile & choppy on A/c of F&O Expiry today. Trade safe. 

 

Regards,
Team Market View Investments.
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