Last Week, Decent pullback was witnessed from 4600 to 4800 levels followed by short-covering & selective buying support @ lower levels.
Next Important trigger for the markets in the coming week would be IIP data & upcoming Q3FY12 results.
Going Forward,
Nifty Futures have a strong support @ 4660-4675 levels. If holds 4660, minor upmove upto 4890/4965 levels may be witnessed.
If it breaks & sustains below 4660, expect selling pressure to intensify upto 4556/4439.
Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
Facebook : www.facebook.com/mktviews.
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
Facebook : www.facebook.com/mktviews.
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