Welcome to Market View Investments.

Twitter : www.twitter.com/sudeep_shah.

Friday, December 16, 2011

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.

No comments:

Post a Comment

Followers

Visitors