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Tuesday, April 24, 2012

Mktviews Daily Market View 24 Apr

Expect Markets to open on a positive Note. 

Rupee falling to 52.5 levels would add further pressure on the bourses. 
Post opening, till Nifty fut holds 5168, can move up maximum till critical resistance zone of 5228-5236. 
Further upside upto 5268/5290 only if crosses &sustains abv 5236.
If does not cross 5236, then will face selling pressure on all rises & trade rangebound 5168 - 5236. 
Further Weakness will be witnessed upto 5132/5110 if breaks & sustains below 5168. 

Key Supports : 5168 & 5132. 
Resistance : 5236 & 5266. 
Probable Trading Range : 5132-5266

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.

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