Expect Markets to open on a subdued Note.
Post opening, till Nifty futures holds 5201, it can move up maximum till 5253-5260 area. Further upside upto 5298/5323 only if crosses & sustains abv 5265.
If does not cross 5260, then will face selling pressure on all rises & trade rangebound between 5201 - 5260.
Further Weakness will be witnessed upto 5168/5142 if breaks & sustains below 5201.
Key Supports : 5201 & 5168.
Resistance : 5260 & 5296.
Probable Trading Range : 5168-5296.
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.
No comments:
Post a Comment