Mktviews Daily Market View 04/06/2012

Markets have opened in red inline with global markets. 

Post opening, Nifty fut may move up maximum till 4798-4809 area. 

Further upside upto 4838/4864 only if crosses & sustains abv 4809. 

If does not cross 4809, then will be rangebound between 4745 - 4809 with selling pressure on all rises. 

Weakness will be witnessed upto 4707/4680 if breaks & sustains below 4745. 

Key Supports : 4745 & 4710. 

Resistance : 4798 & 4836. 

Probable Trading Range : 4710-4836.

 

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Team Market View Investments. 
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