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Wednesday, December 7, 2011

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. 

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