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Tuesday, November 29, 2011

Mktviews Daily Nifty View (29/11/2011)


Expect Markets to open on a flat note in-line with Asian Markets.
Post Huge Short-Covering move yesterday, Nifty Fut needs to cross critical resistance zone 4889-4898 for bounce back upto 4939/4971. If does not cross 4898, then lower levels of 4832/4803 could be retested.

Key Nifty Futures Levels :

Supports : 4853 & 4819.
Resistances : 4898 & 4939.
Probable Trading Range : 4819 – 4939.

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