Mktviews Daily Nifty View (30/12/2011)

Expect Markets to open on a positive note.

Nifty Fut needs to cross critical resistance zone 4727-4735 for upmove upto 4774/4800. If does not cross 4735, then lower levels of 4665/4638 could be tested.

Key Nifty Futures Levels :

Supports : 4676 & 4638.

Resistances : 4729 & 4759.

Probable Trading Range : 4638 – 4759. 

Mktviews Daily Nifty View (29/12/2011)

Expect Markets to open on a negative note inline with Global Markets. Nifty Fut needs to cross critical resistance zone 4728-4735 for bounce back upto 4779/4809. If does not cross 4735, then lower levels of 4640/4618 could be tested.

Key Nifty Futures Levels :
Supports : 4656 & 4624. Resistances : 4709 & 4739.
Probable Trading Range : 4624 – 4739.

Note : Expect Nifty to stay highly volataile on A/c of F&O expiry today.

Fresh Nifty View (28/11/2012)

Avoid carrying any Longs. Nifty Fut faces high resistance @ 4739-4745 area. It will face selling pressure on rises.
If does not cross/sustain abv 4745, will fall upto 4665 & 4640.
Upside upto 4789/4815 only incase it crosses & sustains abv 4745.

Mktviews Daily Nifty View (28/12/2011)

Expect Markets to open on a negative note in line with Asian Markets.

Now, Nifty Fut needs to cross critical resistance zone 4755-4763 for bounce back upto 4789/4815++. If does not cross 4763, then lower levels of 4703/4665 could be tested.

Key Nifty Futures Levels :

Supports : 4709 & 4674.
Resistances : 4763 & 4789.
Probable Trading Range : 4674 – 4789.

Fresh Nifty View (27/12/2011)

Nifty View : Post opening, Nifty Fut went up till 4808 (We bought @ 4776 & booked around 4802), But from there is facing continuous selling pressure.
Now If 4760 breaks with volumes, Expect it to slide upto 4720/4680.
Upside upto 4826/4845 only if we cross & sustain abv 4809 with volumes.  

Fresh Nifty View (27/12/2011)

Nifty View : Post opening, Nifty Fut went up till 4808 (We bought @ 4776 & booked around 4802), But from there is facing continuous selling pressure.
Now If 4760 breaks with volumes, Expect it to slide upto 4720/4680.
Upside upto 4826/4845 only if we cross & sustain abv 4809 with volumes.  

Mktviews Trade 1 (27/12/2011)

Buy Nifty @ 4776 SL 4756 Tgt 4810, 4823. 

Mktviews Daily Nifty View (26/12/2011)

Expect Markets to open on a flat note in-line with Global Markets

Now, 4695-4705 is a crucial support level which needs to be held for witnessing any small pullback upto 4774-4800 zone.

If breaks & sustains below 4695, further selling pressure upto 4665/4635 could be witnessed.

Key Nifty Futures Levels :

Supports : 4695 & 4665.

Resistances : 4756 & 4790.

Probable Trading Range : 4665 – 4790. 

Mktviews Weekly Nifty Analysis (26/12/2011-30/12/2011)

Last Week Indian Markets showed resilience & sharp pullback was witnessed form new yearly low of 4540 to 4775 levels followed by short-covering & selective buying support @ lower levels post pullback in global markets on A/c of successful spanish bond auction & better US data w.r.t unemployment & housing as well as India's Lower food Inflation nos & upgrading of India's debt rating by Moody's. 

 

Coming Week, Uncertainity over news-flow from political front over Lokpal Logjam  & reports over a possible fuel price hike would be very crucial & may have a negative impact. 

Movements would be very choppy & volataile ahead of FnO expiry on 29 Dec (Thursday). 

 

Going Forward, If Nifty Fut holds 4596 & crosses resistance zone of 4865-4874 with volumes, Trading pullback upto 4994/5076 would be witnessed. But If fails to cross & sustain abv 4874, Will be in a trading range 4596-4874. 

Strong Support lies @ 4596-4610. 

If breaks & sustains below 4596, Nifty could witness a freefall upto 4435 & 4290 Levels. 

 

Regards,
Team Market View Investments. 
Mo : 9987750901. 
Visit www.mktviews-nifty50.blogspot.com
Facebook : www.facebook.com/mktviews. 

Never Forget : Our NATURE is our FUTURE !!!

Mktviews Daily Nifty View (23/12/2011)

Expect Markets to open on a positive note in-line with Global Markets on A/c of better US data points.

Now, Nifty Fut needs to cross critical resistance zone 4794-4798 for bounce back upto 4829/4849. If does not cross 4798, then lower levels of 4709/4675 could be retested.

Key Nifty Futures Levels :

Supports : 4743 & 4709.

Resistances : 4798 & 4835.

Probable Trading Range : 4709 – 4835.

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Mktviews Daily Nifty View (22/12/2011)

Expect Nifty to open on a Negative note following negative global markets.

After a massive Short-Covering move yesterday, Nifty Fut can move upto 4719-4734 area which is a critical resistance area.

Further pullback upto 4780/4830 is possible only incase 4735 is crossed & sustained. If does not cross 4735, then lower levels of 4600/4530 could be tested.

Key Nifty Futures Levels :

Supports : 4658 & 4624.

Resistances : 4719 & 4759.

Probable Trading Range : 4624 – 4759. 

Mktviews Daily Nifty View (21/12/2011)

 Markets have opened Gap-up on A/c of Positive Global Markets. 
Nifty Fut faces critical resistance zone 4678-4684 for trading pullback upto 4730/4760. If does not cross 4684, then lower levels of 4590/4550 could be tested. 

Key Nifty Futures Levels : 

Supports : 4619 & 4590.
Resistances : 4684 & 4719.
Probable Trading Range : 4590 – 4719.

Mktviews Daily Nifty View (20/12/2011)

Expect Markets to open on a Flat to Positive Note.

Nifty Fut faces critical resistance zone 4646-4656 for trading pullback upto 4703/4730. If does not cross 4656, then lower levels of 4576/4536 could be tested.

Key Nifty Futures Levels :

Supports : 4590 & 4556.

Resistances : 4656 & 4681.

Probable Trading Range : 4556 – 4681

Mktviews Weekly Nifty Analysis (19/12/2011-23/12/2011)

Indian Markets closed at its 24 Month's Lows due to sustained selling pressure following Shocking IIP data, unchanged key interest rates by RBI against expectation of a CRR cut, Rupee hitting all time lows of 54.32 v/c Dollar, Fresh downgrades of European Banks & corporates by rating agencies.
In the medium term, Nifty (Future) may fall upto 4289-4305 levels which is 50% retracement of entire rally from 2228 to 6349. (6349-2228*50% = 2060 & 6349 - 2060 = 4289). This fall may come but with small pull-backs in-between. Use all pullbacks to reduce Long Positions as bouts of Selling Pressure would be witnessed on all rises.

Avoid Bottom Fishing.

Critical Resistance lies @ 4758-4776 area & any pullback upto 4865/4940 can be expected only if 4776 is crossed with volumes.
If Nifty Fut does not cross 4776 on upside and breaks & closes below 4519, it may trigger further panic selling upto 4410 & 4289.
Possible Trading Range 4519-4776.

Regards,
Team Market View Investments.
9987750901.
Yahoo : marketview@ymail.com

Fresh Nifty View (16/12/2011)

Nifty View : Nifty Future faces critical resistance around 4840-4845 area. If does not cross 4840, would fall back upto 4770/4740. Upside upto 4890/4930 only if Nifty Fut crosses & sustains abv 4840. 

Mktviews Daily Nifty View (16/12/2011)

Expect Nifty to open on a flattish note. May consolidate & trade rangebound 4746-4798 till RBI policy announcement.

Now, Nifty Fut needs to cross critical resistance zone 4790-4798 for bounce back upto 4847/4870++. If does not cross 4798, then lower levels of 4710/4670 could be tested.

Key Nifty Futures Levels :

Supports : 4746 & 4704.

Resistances : 4798 & 4839.

Probable Trading Range : 4704 – 4839.

Mktviews Daily Nifty View (15/12/2011)

Expect Markets to open on a negative note following another Sell-Off in the Global markets. Keep an eye on Rupee which has continued to slip further.

Now, Nifty Fut needs to cross critical resistance zone 4728-4735 for bounce back upto 4770/4810++. If does not cross 4735, then lower levels of 4660/4635 could be tested.

Key Nifty Futures Levels :

Supports : 4687 & 4653.
Resistances : 4735 & 4774.
Probable Trading Range : 4653 – 4774.

Mktviews Daily Nifty View (14/12/2011)

Expect Markets to open on a negative note following mixed undertone in Global Markets post US Fed Chairman Ben Bernanke’s comments on US Economy. Watch out for Inflation nos to be announced today

Alert : Rupee hits new Low 53.72 v/s Dollar.

Now, Nifty Fut needs to cross critical resistance zone 4809-4816 for bounce back upto 4857/4890++. If does not cross 4816, then lower levels of 4742/4710 could be tested.

Key Nifty Futures Levels :

Supports : 4774 & 4742.

Resistances : 4816 & 4857.

Probable Trading Range : 4742 – 4857. 

Mktviews Daily Nifty View (13/12/2011)

Nifty View : Nifty Future is facing selling pressure on all rises post weak IIP nos yesterday & Rupee hitting all-time Lows.
4790-4810 is a critical resistance. Expect 4730/4680 is 4810 is not crossed & sustained.
Upside upto 4840/4878 only incase 4810 is broken & sustained on upside.

Mktviews Weekly Nifty Analysis (12/12/2011-16/12/2011)

Last Week, Market sentiment has been dampened on A/c of jittery global markets due to newsflow w.r.t concerns over outcome of EU summit, Policy paralysis by UPA Govt & Logjam in Parliament over FDI in Retail causing Nifty to once again retest sub-4850 levels. 

IIP data to be announced on Monday & Inflation data on Wednesday will provide cues on RBI's likely policy stance at its mid-quarter monetary policy review on Friday. 

Q3 FY12 corporate advance tax payments due on Thursday would be keenly watched as it may provide cues on Q3 results of Companies. 

Nifty Futures is facing selling pressure on all rises & every attempts of pullbacks are faced with strong supply from higher levels & its advisable to REDUCE LONG POSITIONS till Nifty Future crosses & closes above 5058. 

Real panic & price capitulation would set in once Nifty Fut closes below strong support zone of 4819. Breach of 4819 could drift the index to lower levels of 4724/4639. 

  

Small Pullback upto 5166/5279 would be witnessed only if critical resistance area of 5039-5058 is crossed & Nifty Fut closes above it. 

If fails to cross abv 5058, will be in a trading range 4819-5058. 

Regards,
Team Market View Investments.
9987750901.
Disclaimer : As equity traders/Advisors We, our relatives and friends may have position in the stocks suggested by us. We are individuals and dont belong to any brokerage house or company. All Recommendations are based on technical and/or fundamental analysis and/or Personal observations. Trading in stock markets involves risk . We give Recommendations, opinions or suggestions with the understanding that readers acting on this information take in to account all risks involved with market. Acting on the basis of views expressed here is the sole responsibility of the reader. No responsibility will be assumed by the authors for the consequences what so ever, resulting out of acting on these recommendations. The information herein, together with all estimates and forecasts, can change with/without notice depending on the Market Conditions.

Mktviews Daily Nifty View (09/12/2011)

Nifty Fut has critical resistance @ 4920-4925 area. Expect upside upto 4960/4990 only if its crossed & sustained.
BUT If 4925 is not crossed & sustained, Expect minimum 4827 & 4803.

Mktviews Daily Nifty View (08/12/2011)

Expect Markets to open on a flat note in-line with Global Markets.  

Now, 5017-5022 is a crucial support level which needs to be held for witnessing any small pullback upto 5130++ zone.

If crosses & sustains abv 5130, then further short-covering upto 5180/5204 is on cards.

If  breaks & sustains below 5017, could witness fall upto 4976/4938.

Key Nifty Futures Levels :

Supports : 5019 & 4985.

Resistances : 5084 & 5129.

Probable Trading Range : 4985 – 5129. 

Mktviews Daily Nifty View (07/12/2011)

Expect Markets to open on a flat note (compared to Monday’s Closing) following flat to positive global markets.

Now, Nifty Fut needs to cross critical resistance zone 5089-5094 for bounce back upto 5129/5155. If does not cross 5094, then lower levels of 5010/4960 could be tested.

Key Nifty Futures Levels :

Supports : 5035 & 5008.

Resistances : 5094 & 5126.

Probable Trading Range : 5008 – 5126. 

Mktviews Weekly Nifty Analysis (05/12/2011-09/12/2011)

Markets are poised crucially after Huge Short-Covering triggered a 450 pts pullback in Nifty from previous week's low of 4630 Zone. 

Sustainability of this upmove at higher levels may prove difficult as the rally has been backed by low volumes & hence Markets may take a breather & witness side-ways movement. 

Outcome of Euro Summit on 9th Dec would be very important trigger for Global markets. 

Going Forward, Further Pullback upto 5290/5360 would be witnessed only if critical resistance area of 5168-5186 is crossed & Nifty Future closes above it but Use the upmove to reduce longs on every rise till 5186 is crossed. 

If fails to cross above 5186, Will be in a Trading Range 4968-5186. Strong Support lies @ 4968-4976 & Selling pressure would intensify upto 4865/4749 only if Nifty Fut breaches & close below 4968. 

Regards,
Team Market View Investments.
9987750901.
 Disclaimer : As equity traders/Advisors We, our relatives and friends may have position in the stocks suggested by us. We are individuals and dont belong to any brokerage house or company. All Recommendations are based on technical and/or fundamental analysis and/or Personal observations. Trading in stock markets involves risk . We give Recommendations, opinions or suggestions with the understanding that readers acting on this information take in to account all risks involved with market. Acting on the basis of views expressed here is the sole responsibility of the reader. No responsibility will be assumed by the authors for the consequences what so ever, resulting out of acting on these recommendations. The information herein, together with all estimates and forecasts, can change with/without notice depending on the Market Conditions.

Mktviews Daily Nifty View (02/12/2011)

Nifty Futures has an very important support around 4932-4935 area. If holds 4932, Expect upside upto 4990/5023.
If breaks & sustains below 4932, expect 4885/4850 to be retested.