Expect Markets to open on a positive note. Trade cautiously as movements would be choppy with markets heading for few crucial days ahead with Greek elections on Sunday & RBI policy on Monday .
Post positive opening, Nifty fut can move up till 5108-5116 area.
Furtherupside upto 5139/5160 only if crosses & sustains abv 5116.
Hence If does not cross 5116, then will be rangebound between 5046 - 5116. Weakness will be witnessed upto 5008/4980 if breaks & sustains below 5046.
Key Supports : 5046 & 5010.
Resistance : 5107 & 5138.
Probable Trading Range : 5010-5138
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.
Post positive opening, Nifty fut can move up till 5108-5116 area.
Furtherupside upto 5139/5160 only if crosses & sustains abv 5116.
Hence If does not cross 5116, then will be rangebound between 5046 - 5116. Weakness will be witnessed upto 5008/4980 if breaks & sustains below 5046.
Key Supports : 5046 & 5010.
Resistance : 5107 & 5138.
Probable Trading Range : 5010-5138
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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